Question
A company provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results for April as shown
A company provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results for April as shown below: Fixed Element Variable Element Actual Total per Month per Customer Served for April Revenue $ 6,200 $ 200,500 Employee salaries and wages $ 60,000 $ 2,100 $ 132,300. Travel expenses $ 520 $ 15,200 Other expenses $ 39,000 $ 37,100 C When preparing its planning budget the company estimated that it would serve 30 customers per month; however, during April the company actually served 35 customers. Required: 1. Calculate the amount of revenue the company will include in the April flexible budget. Amount of rouons included in the flavilla hiuinot Next >
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