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Lavage Rapide Is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The followingtable provides data concerning the company's

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Lavage Rapide Is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The followingtable provides data concerning the company's costs: Fixed cost per month Cost per Car Washed $ 1,400 $ 0.08 $ 0.25 Cleaning supplies Electricity Maintenance Keges and salaries Depreciation Rent Administrative expenses $ 8,400 $ 2,100 $9.95 For example, electricity costs are $1,400 per month plus $0.08 per car washed. The company actually washed 8,400 cars in August and collected an average of $6.60 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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