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During May, Hiles Corporation budgeted for 45,000 customers, but actually served 43,000 customers. The company uses the following revenue and cost formulas in its budgeting,

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During May, Hiles Corporation budgeted for 45,000 customers, but actually served 43,000 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served: Revenue: $4.58q Wages and salaries: $37,000+ $1.91q Supplies: $0.81q nsurance: $14,000 Miscellaneous: $7,000+ $0.31q Required Complete the company's flexible budget for May based on the actual level of activity for the month. (Input all amounts as positive values. Omit the "$" sign in your response.) Hiles Corporation For the Month Ended May 31 Actual customers served Revenue Expenses: Wages and salaries Supplies Insuran Miscellaneous Total expense Net operating income 1H

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