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Miracle Car Wash located in Nashville, Tennessee has been providing interior and exterior car washes since 1960. Provided below is information regarding Miracle's costs:

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Miracle Car Wash located in Nashville, Tennessee has been providing interior and exterior car washes since 1960. Provided below is information regarding Miracle's costs: Fixed Cost per Month Cost per Car Washed Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent $ 0.50 $1,200 $ 0.07 $ 0.20 $4,000 $ 0.30 $ 8,400 Administrative expenses $1,900 $1,600 $ 0.03 For example, electricity costs are $1,200 per month plus $0.07 per car washed. The company actually washed 8,500 cars in August and collected an average of $6.40 per car washed. Required: Prepare the company's flexible budget for August.

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