TB Problem Qu. 9-398 During September, Clendennen Corporation budgeted for... During September, Clendennen Corporation budgeted for 46,000 customers, but actually served 44,000 customers. The company uses the following revenue and cost formulas in its budgeting, where is the number of customers served: Revenue: $4.599 Wages and salaries: $37,100 + $1.929 Supplies: $0.829 Insurance: $14,100 Miscellaneous expense: $7100 + $0.329 Required: Prepare the company's flexible budget for September based on the actual level of activity for the month. 14.000 Clendennen Corporation Flexible Budget For the Month Ended September 30 Actual customers served Revenue Expenses: Wages and salaries Supplies Insurance Miscellaneous expense Total expense Net operating income