Q. What should the total wages and salaries cost be in a flexible budget for 600 lawns? a. $18,000 b. $20,000 c. $23,000 d. $25,000

Larry's Flexible Budget Larry's Lawn Service For the Month Ended June 30 Flexible Budget 550 $ 41,250 Revenue/Cost Formulas Number of lawns (Q) Revenue ($750) Expenses: Wages and salaries ($5,000 + $300) Gasoline and supplies ($9Q) Equipment maintenance ($3Q) Office and shop utilities ($1,000) Office and shop rent ($2,000) Equipment Depreciation ($2,500) Insurance ($1,000) Total expenses Net operating income $ 21,500 4,950 1,650 1,000 2,000 2,500 1,000 34,600 $ 6,650