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During April, Cheatam Corporation budgeted for 32,000 customers, but actually served 30,000 customers The company uses the following revenue and cost formulas in its budgeting,

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During April, Cheatam Corporation budgeted for 32,000 customers, but actually served 30,000 customers The company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served Revenue: $4.624 Wages and salaries $35,700 + $1 789 Supplies $0.689 Insurance $12,700 Miscellaneous expense: $5.700 + $0 189 Required: Prepare the company's flexible budget for April based on the actual level of activity for the month CHEATAM CORPORATION Flexible Budget For the Month Ended April 30 Actual customers served Revenue Expenses Wages and salaries Supplies Insurance Miscellaneous expense Total expense Net operating income

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