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During June, Tarras Corporation plans to serve 49,000 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the

During June, Tarras Corporation plans to serve 49,000 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served:

Revenue: $4.50q

Wages and salaries: $34,900 + $1.70q

Supplies: $0.90q

Insurance: $18,000

Miscellaneous expense: $5,900 + $0.60q

Required:

Prepare the company's planning budget for June.

Budgeted customers served $49,000

Revenue ?

Expenses:

wages and salaries ?

supplies ?

Insurance ?

Misc. expense ?

Total expense ?

Net operating income ?

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