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During June, Tarras Corporation plans to serve 44,000 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the
During June, Tarras Corporation plans to serve 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: $0.85q
Insurance: $13,000
Miscellaneous expense: $5,400 + $0.55q
Required:
Prepare the company's planning budget for June.
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