During May, Cockrel Corporation Plans to Serve 34,000 Customers

Essay

During May, Cockrel Corporation plans to serve 34,000 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served:
Revenue: $2.90q
Wages and salaries: $25,400 + $0.90q
Supplies: $0.40q
Insurance: $7,000
Miscellaneous expense: $4,900 + $0.30q
Required:
Prepare the company's planning budget for May.