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 $ 0.60 Electricity $ 1,500 $ 0.09 Maintenance $ 0.20 Wages and salaries $ 4,800 $ 0.40 Depreciation $ 8,100 Rent $ 1,900 Administrative expenses $ 1,500 $ 0.01 For example, electricity costs are $1,500 per month plus $0.09 per car washed. The company actually washed 8,600 cars in August and collected an average of $6.90 per car washed. Required: Prepare the companys flexible budget for August.

Fixed LOST per Month $ 1,500 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses LOST per Car Washed $ 0.60 $ 0.09 $ 0.20 $ 0.40 $ 4,800 $ 8,100 $ 1,900 $ 1,500 $ 0.01 For example, electricity costs are $1,500 per month plus $0.09 per car washed. The company actually washed 8,600 cars in August and collected an average of $6.90 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 salaries Depreciation Rent Administrative eynenses