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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 provide data concerning the

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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 provide data concerning the company.com Fixed cost Cost per Der Month Car Washed Cleaning supplies Electricity $2.60 $ 1.600 3.00 Maintenance Wages and staries 10.15 $ 4,200 10.20 Depreciation 5.400 Hent 5 1.880 Administrative expenses $ 1,400 $ 0.01 For example, electricity costs are $1000 per month plus $0.08 per car washed. The company actually washed 8,200 cars in August and collected an average of $6.10 per car washed Required: Prepare the company's 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

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