During June, Tarras Corporation plans to serve 49,000 customers. The company uses the following revenue...
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During June, Tarras Corporation plans to serve 49,000 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served Revenue: $4.50q Wages and salaries: $34,900+$1.70q Supplies: $0.90q Insurance: $18,000 Miscellaneous expense: $5,900$0.60q Required Prepare the company's planning budget for June Tarras Corporation Planning Budget For the Month Ended June 30 Budgeted customers served Revenue Expenses 49,000 Wages and salaries Supplies Insurance Miscellaneous expense Total expense Net operating income
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