Alyeski Tours operates day tours of coastal glaciers in Alaska on its tour coast the Blue Glacier. Management has identified two cost drivers$-$the number of cruises and the number of passengers $-$ that it uses in its budgeting and performance reports. The company publishes a schedule of day cruises that it may supplement with special sailings if there is sufficient demand. Up to $80$ passengers can be accommodated on the tour boat. Data concerning the company's cost formula appear below:

Fixed Cost Cost Cost

Per Month per cruise per passenger

$-$Vessel $$5,200$ $$480\mathrm{.}00$ $$2\mathrm{.}00$

operating

costs

$-$Advertising $$1,700$

$-$Administrative

Costs $$4,300$ $$24\mathrm{.}00$ $$1\mathrm{.}00$

Insurance $$2,900$

For example, vessel operating costs should be $$5,200$ per month plus $$480$ per cruise plus $$2$ per passenger. The company$$s sales should average $$25$ per passenger. In July, the company provided $24$ cruises for a total of $1,400$ passengers.

Required:

Prepare the company$$s flexible budget for July.

Alyeski Tours

Flexible Budget

For the Month Ended July $31$

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