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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 per Month $1,000 Cost per Car Washed $ 0.6e $ 0.07 $ 0.30 $ 0.20 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $4,700 $ 8,200 $1,900 $1,700 $ 0.03 For example, electricity costs are $1,000 per month plus $0.07 per car washed. The company actually washed 8,200 cars in August and collected an average of $6.40 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 Net operating income

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