Lavate Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal. The following table provides data concerning the company's costs: Fixed Cost per month Cost per car washed Cleaning Supplies $0.80 Electricity $1200 $0.15 Maintenance $0.20 Wages and Salaries $5000 $0.30 Depreciation $6000 Rent $8000 Administrative Expenses $4000 $0.10 The company expects to wash 9,000 cars in August and to collect an average $4.90 per car washed. Required: 1. Prepare the company's planning budget for August 2. Prepare the company's flexible budget for August. The company actually washed 8,800 cars in August