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: Cost per Fixed Cost per Month Car Washed $1,000 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $ 0.50 $ 0.09 $ 0.10 $ 0.20 $4,400 $ 8,200 $2,200 $1,500 $ 0.05 For example, electricity costs are $1,000 per month plus $0.09 per car washed. The company actually washed 8,200 cars in August and collected an average of $6.50 per car washed. Required: Prepare the company's flexible budget for August. Miracle Car Wash Flexible Rudaet For example, electricity costs are $1,000 per month plus $0.09 per car washed. The company actually washed 8,200 cars in August and collected an average of $6.50 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 Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income