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During August, Diga Corporation plans to serve 34,000 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the
During August, Diga Corporation plans to serve 34,000 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served: |
Revenue: $4.43q |
Wages and salaries: $33,400 + $1.55q |
Supplies: $.75q |
Insurance: $14,000 |
Miscellaneous expense: $4,400 + $.45q |
Required: |
Prepare the company's planning budget for August. (Input all amounts as positive values. Omit the "$" sign in your response.) |
Diga Corporation Planning Budget For the Month Ended August 31 | ||
Budgeted customers served | ||
Revenue | $ | |
Expenses: | ||
Wages and salaries | ||
Supplies | ||
Insurance | ||
Miscellaneous expense | ||
Total expense | ||
Net operating income | $ | |
al expense Net operating income $
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