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QUESTION 19 Thai Connection Ltd is a travel agency. They budget for monthly costs of $50 000 plus $125 per customer served. They plan to

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QUESTION 19 Thai Connection Ltd is a travel agency. They budget for monthly costs of $50 000 plus $125 per customer served. They plan to serve 550 customers per month. During June they served 580 customers. Actual costs for June were $53000 fixed costs and $65 000 variable costs. The static budget for June is: Fixed costs $50 000: Variable costs $125 Fixed costs $53 000; variable costs $65 000 Fixed Costs $50 000; Variable costs $68 750 Fixed costs $50 000; Variable Costs $65 000

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