Please help me in preparing a planning and flexible budget.

EXERCISE 9-7 Planning Budget LO9-1 Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company's costs: Fixed Cost Cost per per Month Car Washed Cleaning supplies ....... $0.80 Electricity ....... $1,200 $0. 15 Maintenance . $0.20 Wages and salaries. .... $5,000 $0.30 Depreciation. ..... $6,000 Rent ...... $8,000 Administrative expenses ...... $4,000 $0.10 For example, electricity costs are $1,200 per month plus $0.15 per car washed. The company expects to wash 9,000 cars in August and to collect an average of $4.90 per car washed. Required: Using Exhibit 9-2 as your guide, prepare the company's planning budget for August. EXERCISE 9-8 Flexible Budget LO9-1 Refer to the data for Lavage Rapide in Exercise 9-7. The company actually washed 8,800 cars in August Required: Using Exhibit 9-5 as your guide, prepare the company's flexible budget for August