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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

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 $ 1,200 $ 0.07 Maintenance $ 0.25 Wages and salaries $ 4,600 $ 0.30 Depreciation $ 8,200 Rent $ 2,000 Administrative expenses $ 1,400 $ 0.02 For example, electricity costs are $1,200 per month plus $0.07 per car washed. The company actually washed 8,300 cars in August and collected an average of $6.30 per car washed. Required: Prepare the companys flexible budget for August.

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 $ 1,200 $ 0.07
Maintenance $ 0.25
Wages and salaries $ 4,600 $ 0.30
Depreciation $ 8,200
Rent $ 2,000
Administrative expenses $ 1,400 $ 0.02

For example, electricity costs are $1,200 per month plus $0.07 per car washed. The company actually washed 8,300 cars in August and collected an average of $6.30 per car washed.

Required:

Prepare the companys flexible budget for August.

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