During September, Clendennen Corporation budgeted for 49,000 customers, but actually served 47,000 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served:

Revenue: $4.62q

Wages and salaries: $37,400 + $1.95q

Supplies: $0.85q

Insurance: $14,400

Miscellaneous expense: $7,400 + $0.35q

Required:

Prepare the company's flexible budget for September based on the actual level of activity for the month.

Actual Customer Served : 47000

Revenue

Expenses:

Wage and Salary:

Supply

Insurance

Misc.

Total:

Net: