During april elsa corporation budgeted for 27000 customers, Ask an Expert

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During April, Elsa Corporation budgeted for 27,000 customers, but actually served 23,000 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served: Revenue: $4.10q Wages and salaries: $33,300 + $1.10q Supplies: $0.70q Insurance: $8,600 Miscellaneous expense: $3,700 + $0.40q Prepare the company's flexible budget for April based on the actual level of activity for the month.

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M91962538

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