Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides estimates concerning the company's costs: Fixed Cost per Month Cost per Car Washed Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $ 0.60 $ 1,000 $ 0.07 $ 0.20 $ 4,600 $ 0.20 $ 8,200 $ 1,900 $1,700 $ 0.02 For example, electricity costs should be $1,000 per month plus $0.07 per car washed. The company actually washed 8,400 cars in August and collected an average of $5.90 per car washed. 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 salarios