Question
During August, Diga Corporation plans to serve 35,000 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the
| During August, Diga Corporation plans to serve 35,000 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served: |
| Revenue: $4.20q |
| Wages and salaries: $33,700 + $1.50q |
| Supplies: $0.70q |
| Insurance: $11,000 |
| Miscellaneous: $4,800 + $0.40q |
| Required: |
| Prepare the company's planning budget for August. (Input all amounts as positive values.) |
| Diga Corporation Planning Budget For the Month Ended August 31 | |
| Revenue | $ |
| Expenses: | |
| Wages and salaries | |
| Supplies | |
| Insurance | |
| Miscellaneous | |
| Total expenses | |
| Net operating income | $ |
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Auditing And Assurance Services
Authors: William Messier, Steven Glover, Douglas Prawitt
8th Edition
0078025435, 9780078025433
