Question
During August, Diga Corporation plans to serve 44,000 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the
During August, Diga Corporation plans to serve 44,000 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served: |
Revenue: $4.38q |
Wages and salaries: $34,400 + $1.65q |
Supplies: $.85q |
Insurance: $13,000 |
Miscellaneous: $5,400 + $.55q |
Required: |
Complete the company's planning budget for August. (Input all amounts as positive values. Omit the "$" 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 | ||
Total expense | ||
Net operating income | $ | |
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Managerial Economics and Organizational Architecture
Authors: James Brickley, Jerold Zimmerman, Clifford W. Smith Jr
5th edition
73375829, 978-0073375823
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