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During September, Clendennen Corporation budgeted for 38,000 customers, but actually served 36,000 customers. The company uses the following revenue and cost formulas in its budgeting,

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During September, Clendennen Corporation budgeted for 38,000 customers, but actually served 36,000 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served: Revenue: $4.517 Wages and salaries: $36,300 + $1.84 Supplies: $0.749 Insurance: $13,300 Miscellaneous expense: $6,300 + $0.24 Required: Prepare the company's flexible budget for September based on the actual level of activity for the month. 36,000 Clendonnen Corporation Flexible Budget For the Month Ended September 30 Actual customers served Revenue Expenses: Wages and salaries Supplies Insurance Miscellaneous expense Total expense Net operating income

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