Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the companys costs:

	Fixed Cost per Month	Cost per Car Washed
Cleaning supplies		$ 0.70
Electricity	$ 1,400	$ 0.09
Maintenance		$ 0.20
Wages and salaries	$ 4,100	$ 0.20
Depreciation	$ 8,300
Rent	$ 1,900
Administrative expenses	$ 1,700	$ 0.03

For example, electricity costs are $1,400 per month plus $0.09 per car washed. The company actually washed 8,400 cars in August and collected an average of $6.00 per car washed.

Required:

Prepare the companys flexible budget for August.

Required: Prepare the company's flexible budget for August. Lavage Rapide Flexible Budget For the Month Ended August 31 Revenue Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income