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During June, Tarras Corporation plans to serve 50,000 customers. They actually served 45,236 customers. The company uses the following revenue and cost formulas in

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During June, Tarras Corporation plans to serve 50,000 customers. They actually served 45,236 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served: Revenue: $4.51q Wages and salaries: $35,000 +$1.71q Supplies: $0.91q Insurance: $19,000 Miscellaneous expense: $6,000+ $0.61q Required: Prepare the company's planning budget for June. Tarras Corporation Planning Budget For the Month Ended June 30 Customers served Revenue Expenses: Wages and salaries Supplies Insurance Miscellaneous expense Total expense Net operating income 50,000

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