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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

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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 $ 0.60 $ 0.05 $0.10 $ 0.30 $1,300 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $4,700 $8,500 $2,100 $1,800 $ 0.04 For example, electricity costs are $1,300 per month plus $0.05 per car washed. The company actually washed 8,200 cars in August and collected an average of $6.30 per car washed. Required: Prepare the company's flexible budget for August Miracle Car Wash Flexible Budget For the Month Ended August 31 Revenue Expenses Cleaning supplies Electricity Maintenance

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