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4. Flexible budget (2pts) During September, ComeHome Corporation budgeted for 43,000 customers, but actually served 45,000 customers. The company uses the following revenue and cost
4. Flexible budget (2pts) During September, ComeHome Corporation budgeted for 43,000 customers, but actually served 45,000 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served Revenue: $7.75q Wages and salaries: $23,000 +$4.30q .Supplies: $1.15q Insurance: $23,500 Miscellaneous expense: $4,500$1.05q Prepare the company's flexible budget for September based on the actua evel of activity for the month (use Thursday's lecture slides and exhibit 9-5 of your text as a guide)
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