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Using the cost formulas below and the budgeted number of lawns ( Q ) and budgeted number of trimming and edging hours ( H )
Using the cost formulas below and the budgeted number of lawns Q and budgeted number of trimming and edging hours H calculate the flexible budget numbers below:Larry's Lawn ServiceFor the Month Ended June RevenueCost Flexible FormulasBudget Number of lawns QNumber of hours H Revenues$Q $H Expenses: Wages and salaries$ $Q $H Gasoline and supplies$Q $H Equipment maintenance$Q $H Office and shop utilities$ Office and shop rent$ Equipment Depreciation$ Insurance$ Total expenses Net operating income
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