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FlexB-240 Company operates sightseeing buses. Management has identified two cost drivers--the number of buses in operation and the number of passengers served -that it uses

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FlexB-240 Company operates sightseeing buses. Management has identified two cost drivers--the number of buses in operation and the number of passengers served -that it uses in its budgeting and performance reports Data concerning the company's cost formulas appear below: Cost per Bus $ 476 Cost per Passenger $ 4.5 Vehicle operating costs Advertising Administrative costs Insurance Fixed Cost per Month $6.800 $ 2,500 $ 5.300 $ 3,900 $ 38 15 For example, vehicle operating costs should be 56,800 per month plus $476 per bus plus $45 per passenger. The company's sales revenue should average $29 per passenger in July, the company operated 49 buses and served a total of 3100 passengers. How much is the company's flexible budget operating income for July Multiple Choice $45,826 $30,124 145.82 COS

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