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: Cleaning supplies Electricity Maintenance Rent Wages and salaries Depreciation Administrative expenses $ 0.01 For example, electricity costs should be $1,300 per month plus $0.07 per car washed. The company actually washed 8,100 cars in August and collected an average of $6.80 per car washed. Lavage Rapide Flexible Budget For the Month Ended August 31 Required: Prepare the company's flexible budget for August. Revenue Expenses Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Fixed Cost per Month $ 1,300 $ 4,700 $ 8,000 $ 1,900 $ 1,700 Total expense Net operating income S Cost per Car Washed 0 0 $ 0.60 $ 0.07 $0.30 $ 0.30

Lavage Rapide is a Canadian company that owns and operates a large automatic car wash faclity near Mantreal. The following table provides estimates concerning the company's costs: For example, electicity costs should be $1,300 per month plus $0.07 per cor woshed. The company actually washed 8,200 cars in August and collected an average of $6.80 per car washed. Required: Prepare the company's flexible budget for August. Lavage Rapide is a Canadian company that owns and operates a large automatic car wash faclity near Mantreal. The following table provides estimates concerning the company's costs: For example, electicity costs should be $1,300 per month plus $0.07 per cor woshed. The company actually washed 8,200 cars in August and collected an average of $6.80 per car washed. Required: Prepare the company's flexible budget for August