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Comenco Company uses both number of jobs and number of meals as variable components in its cost and revenue formulas when preparing budgets and performance
Comenco Company uses both number of jobs and number of meals as variable components in its cost and revenue formulas when preparing budgets and performance reports. Its revenue formula is a fixed $530 per month plus $110 per job plus $20 per meal. The company expected its activity in October to be 30 jobs and 200 meals, but the actual activity was 32 jobs and 240 meals. The actual revenue for October was $8,500 The amount of revenue in Comenco's flexible budget for October would be: 03:28 O $8.500 O O $8,850 O $8.320
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