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provides data concerning the company's costs: Cost per Fixed Cost per Month $ 1,100 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses
provides data concerning the company's costs: Cost per Fixed Cost per Month $ 1,100 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Car Washed $ 0.80 $ 0.09 $ 0.25 $ 0.40 $ 4,800 $ 8,000 $ 2,000 $ 1,700 $ 0.03 For example, electricity costs are $1,100 per month plus $0.09 per car washed. The company actually washed 8,100 cars in August and collected an average of $6.00 per car washed. Required: Prepare the company's flexible budget for August. Lavage Rapide 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
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