During September, Booker Corporation Budgeted for 20,000 Customers, but Actually

Essay

During September, Booker Corporation budgeted for 20,000 customers, but actually served 22,000 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served:
Revenue: $5.50q
Wages and salaries: $28,300 + $1.70q
Supplies: $1.00q
Insurance: $6,300
Miscellaneous: $5,400 + $0.40q
Required:
Prepare the company's flexible budget for September based on the actual level of activity for the month.