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struggling to understand what formulas I'm supposed to use. please show work thank you! TB Problem Qu. 9-361 (Algo) During September, Clendennen Corporation budgeted for...
struggling to understand what formulas I'm supposed to use. please show work thank you!
TB Problem Qu. 9-361 (Algo) During September, Clendennen Corporation budgeted for... During September, Clendennen Corporation budgeted for 39,000 customers, but actually served 37,000 customers. The company uses the following revenue and cost formulas in its budgeting. where q is the number of customers served: Revenue: $4.52q Wages and salaries: $36,400+$1.85q Supplies: $0.75q Insurance: $13,400 Miscellaneous expense: $6,400+$0.25q Required: Prepare the company's flexible budget for September based on the actual level of activity for the month Step by Step Solution
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