During October, Haubold Corporation Budgeted for 30,000 Customers, but Actually

During October, Haubold Corporation budgeted for 30,000 customers, but actually served 29,000 customers. Revenue should be $3.80 per customer served. Wages and salaries should be $31,200 per month plus $1.40 per customer served. Supplies should be $0.70 per customer served. Insurance should be $8,500 per month. Miscellaneous expenses should be $3,700 per month plus $0.10 per customer served.
Required:
Prepare the company's flexible budget for October based on the actual level of activity for the month.

Correct Answer:

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