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AJR Research Group is a company that provides research services to clients in the metro area. The company's planning budget for June appears below. AJR
AJR Research Group is a company that provides research services to clients in the metro area. The company's planning budget for June appears below. AJR Research Group Flexible Budget For the Month Ended June 30 Budgeted research hours (hrs) 100 Revenue ($365 /hr) $36,500 Expenses Wages and salaries ( $8,000 + $ 125 /hr) $ Supplies ($3.00 /hr) Databases service ($1,800 + $ 32 /hr) Insurance ($3,400) Miscellaneous ( $630 + $1.80 /hr) Total expense $ Net operating income $ 20,500 300 5,000 3,400 810 30,010 6,490 During June, the company's activity was actually 110 research hours. Prepare a flexible budget for that level of activity. What amount of of employee salaries and wages are included in the flexible budget for June? O a. $20,500 b $21,750 O $22,375 O $21,125 O
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