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10 points Magic Mountain is a magicians performance hall/dining room in California. It measures its output by the number of customers served. The company has
10 points Magic Mountain is a magicians performance hall/dining room in California. It measures its output by the number of customers served. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes: Fixed Element per Month Revenue Employee salaries and wages Travel expenses Other expenses $58,100 The revenue in the company's flexible budget for February would have been closest to: O $153,200 $170,709 $150,500 $167,700 $31 Variable Element per Customer Served $4,300 $1,200 $700 When the company prepared its planning budget at the beginning of February, it assumed that 39 customers would have been served. However, 35 customers were actually served durding February.
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