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During May, Cockrel Corporation plans to serve 32,000 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the
During May, Cockrel Corporation plans to serve 32,000 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served:
Revenue: $4.41q |
Wages and salaries: $33,200 + $1.53q |
Supplies: $.73q |
Insurance: $12,000 |
Miscellaneous expense: $4,200 + $.43q |
Required: |
Prepare the company's planning budget for May. |
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