1. Sustainable Corporation is a company that provide consulting services to industrial heating clients in North America. The companys planning budget for June appears below.

Sustainable Corporation

Planning Budget

For the Month Ended June 30

Budgeted consulting hours (q) 200

Revenue ($275.00q) $55,000

Expenses:

Wages and salaries ($6,300 + $160.00q) 38,300

Supplies ($4.00q) 800

Equipment rental ($1,400 + $18.00q) 5,000

Insurance ($6,300) 6,300

Miscellaneous ($1,250 + $2.70q) 1,790

Total expenses 52,190

Net operating income $ 2,810

During June, the companys actual activity was 216 consulting hours.

Using the above budget as your guide, prepare a flexible budget for June.