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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 estimates concerning

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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 estimates concerning the company's costs: Electricity Cleaning supplies Maintenance Wages and salaries Depreciation Rent- Administrative expenses Fixed Cost per Month $1,300 $ 4,500 Cost per Car Washed $0.50 $ 0.09 $ 0.10 $0.40 $ 8,400 $ 2,200 $1,800 $ 0.03 For example, electricity costs should be $1,300 per month plus $0.09 per car washed. The company actually washed 8,500 cars in August and collected an average of $6.10 per car washed. Required: Prepare the company's flexible budget for August Lavage Rapide Flexible Budget For the Month Ended August 311 Revenue Expenses: Cleaning supplies Electricity Maintenance Rent Wages and salaries Depreciation Administrative expenses Total expense Net operating income $

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