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Using the cost formulas below and the budgeted number of lawns (Q) and budgeted number...

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Accounting

Using the cost formulas below and the budgeted number of lawns (Q) and budgeted number of trimming and edging hours (H), calculate the flexible budget numbers below:Larry's Lawn ServiceFor the Month Ended June 30 Revenue/Cost Flexible FormulasBudget Number of lawns (Q)625Number of hours (H)130 Revenues($75Q + $25H) Expenses: Wages and salaries($5,000+ $29Q + $25H) Gasoline and supplies($8Q + $6H) Equipment maintenance($2Q + $2H) Office and shop utilities($1,000) Office and shop rent($2,000) Equipment Depreciation($2,500) Insurance($1,000) Total expenses Net operating income

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