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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 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 provides data concerning the company's costs: Fixed Cost st per per Mont Washed Cleaning supplies Electricity Maintenance Hages and salaries Depreciation Rent Administrative expenses 0.80 $0.08 $0.20 e.20 1,280 $4,700 $2,200 $1,700 0.02 For example, electricity costs are $1.200 per month plus $0.08 per car washed. The company actually washed 8.200 cars in August and collected an average of $6.30 per car washed. Required: Prepare the company's flexible budget for August. Lavage Rapide Flexible Budget For the Month Ended August 31 Actual cars washed 8,200 Revenue Required: Prepare the company's flexible budget for August. Lavage Rapide Flexible Budget For the Month Ended August 31 Actual cars washed 8,200 Revenue Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income 0 0

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