Prowse Corporation is an oil well service company that measures its output by the number of wells serviced. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes. Fixed Element Element per Variable We Serviced $4,000 per Month Revenue Employee salaries and wages 43,800$1,000 Servicing materials Other expenses $ 600 $38,200 A total of 42 wells were actually serviced during October