Damian Corporation is a service company that measures its output by the number of customers...
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Accounting
Damian Corporation is a service company that measures its output by the number of customers served. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for August Variable Fixed Element Element per per Month Customer Served Actual Total for August Revenue $ 4,000 $125,500 Employee salaries and wages $ 46,600 $ 900 $ 74,700 Travel expenses $ 600 $ 18,800 Other expenses $ 33,100 $ 33,500 When the company prepared its planning budget at the beginning of August, it assumed that 36 customers would have been served. However, 31 customers were actually served during August, The "other expenses" in the flexible budget for August would have been closest to
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