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During June, Tarras Corporation plans to serve 40,000 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the
During June, Tarras Corporation plans to serve 40,000 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served: Revenue: $4.49q Wages and salaries: $34,000 + $1.61q Supplies: $0.81q Insurance: $20,000 Miscellaneous expense: $5,000 + $0.51q Required: Prepare the company's planning budget for June.
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