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Please show work/formulas Problem I: Flexible Budgets. Re-create the schedule below, completing any missing values. Lavage Rapide Fexible Budget Performance Report For the Month Ended

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Problem I: Flexible Budgets. Re-create the schedule below, completing any missing values. Lavage Rapide Fexible Budget Performance Report For the Month Ended August 31 Revenue and Cars washed (q) ActualResults8,800SpendingVariances8,800FlexibleBudget9,000ActivityVariancesPlanningBudget Revenue ($4,90q) $43,080$40U?? ? $44,100 Expenses: Cleaning supplies ($0.80q) Electricity ($1,200+$0.15q) Maintenance ($0.20q) Wages and salaries ($5,000+$0.30q) Depreciation ($6,000) Rent ($8,000) Administrative expenses ($4,000+$0.10q) Total expense Net operating income

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