U7 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: 10 points Fixed Cost per Month Cost per Car Washed $ 0.50 $ 0.07 $ 0.20 $ 0.30 $1,400 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Skipped $4,600 $8,500 $1,900 $1,900 $ 0.04 eBook For example, electricity costs are $1,400 per month plus $0.07 per car washed. The company actually washed 8,400 cars in August and collected an average of $6.20 per car washed. Hint Required: Prepare the company's flexible budget for August. Print Lavage Rapide Flexible Budget For the Month Ended August 31 References Revenue Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income $ 0