oped ook int int ences Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides estimates concerning the company's costs: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Administrative expenses Rent Lavage Rapide Flexible Budget For the Month Ended August 31 Fixed Cost per Month $ 1,000 $ 4,700 $ 8,500 $ 2,100 $ 1,400 Revenue Expenses: Cost per Car Washed Cleaning supplies Electricity $ 0.70 $ 0.06 $ 0.25 $ 0.40 For example, electricity costs should be $1,000 per month plus $0.06 per car washed. The company actually washed 8,400 cars in August and collected an average of $6.40 per car washed. Required: Prepare the company's flexible budget for August. $ 0.03

Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides estimates concerning the company's costs: For example, electricity costs should be $1,000 per month plus $0.06 per car washed. The company actually washed 8.400 cars in August and collected an average of $6.40 per car washed. Required: Prepare the company's flexible budget for August