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Fixed Cost per Month Cost per Car Washed $ 0.70 $ 0.06 $ 0.30 $ 0.40 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent
Fixed Cost per Month Cost per Car Washed $ 0.70 $ 0.06 $ 0.30 $ 0.40 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $ 1,300 $ 4,700 $ 8,300 $ 2,100 $ 1,300 $ 0.03 For example, electricity costs should be $1,300 per month plus $0.06 per car washed. The company actually washed 8,200 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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