Question
Buddy Corporation is a service company that measures its output based on the number of customers served. The company provided the following fixed and variable
Buddy Corporation is a service company that measures its output based on the number of customers served. The company provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results for May as shown below:
Note: I need the ? marks mainly, additional information would be helpful if possible. Please put how you calculated each if you can, it would help me alot.
Fixed Element per Month | Variable Element per Customer Served | Actual Total for May | ||||
Revenue | $ | 5,600 | $ | 182,000 | ||
Employee salaries and wages | $ | 55,000 | $ | 1,600 | $ | 110,300 |
Travel expenses | $ | 850 | $ | 27,200 | ||
Other expenses | $ | 34,000 | $ | 32,600 | ||
When preparing its planning budget the company estimated that it would serve 30 customers per month; however, during May the company actually served 35 customers.
A
What amount of revenue would be included in Buddy |
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