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

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Lavage Rapide is a Canadian company that owns and operates a large outomatic car wash facility near Montreal. The following table provides data concerning the company's costs: Pisted Coat cost per per Month Car Washed Cleaning supplies $ 0.50 Tlectricity $ 1,200 $ 0.10 Maintenance $ 0.25 Wages and salaries $ 4,500 $ 0.30 Depreciation $ 8.000 Rent $2,200 Administrative expenses 5 1.300 $ 0.02 For example, electricity costs are $1.200 per month plus 5010 per car washed. The company actually washed 8,400 cars in August and collected on average of $6.50 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 sales Depreciation For example, electricity costs are $1,200 per month plus $0.10 per car w and collected an average of $6.50 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 salaries Depreciation Rent Administrative expenses Total expense 0 Net operating income $ 0

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