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During September, Clendennen Corporation budgeted for 4 9 , 0 0 0 customers, but actually served 4 7 , 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 is the number of customers served:
Revenue: $
Wages and salaries: $$
Supplies: $
Insurance: $
Miscellaneous expense: $$
::
Required:
Prepare the company's flexible budget for September based on the actual level of activity for the month.
tableClendennen CorporationFlexible BudgetFor the Month Ended September Actual customers served,RevenueExpenses:Wages and salaries,SuppliesInsuranceMiscellaneous expense,Total expense,Net operating income,
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