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During September, Clendennen Corporation budgeted for 30,000 customers, but actually served 28,000 customers. The company uses the following revenue and cost formulas in its

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During September, Clendennen Corporation budgeted for 30,000 customers, but actually served 28,000 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served: Revenue: $4.60q Wages and salaries: $35,500+ $1.76q Supplies: $0.66q Insurance: $12,500 Miscellaneous expense: $5,500 + $0.16q Required: Prepare the company's flexible budget for September based on the actual level of activity for the month. Clendennen Corporation Flexible Budget For the Month Ended September 30 Actual customers served 28.000 Revenue Expenses: Wages and salaries Supplies Insurance Miscellaneous expense Total expense Net operating income-

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