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During September, Clendennen Corporation budgeted for 4 2 , 0 0 0 customers, but actually served 4 0 , 0 0 0 customers. The company
During September, Clendennen Corporation budgeted for customers, but actually served customers. The company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served:
Revenue: $q
Wages and salaries: $ $q
Supplies: $q
Insurance: $
Miscellaneous expense: $ $q
Required:
Prepare the company's flexible budget for September based on the actual level of activity for the month.
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