Question

During October, Luxor Corporation budgeted for 30,000 customers, but actually served 33,000 customers. Revenue should be $2.90 per customer served. Wages and salaries should be $27,200 per month plus $0.80 per customer served. Supplies should be $0.60 per customer served. Insurance should be $6,700 per month. Miscellaneous expenses should be $3,100 per month plus $0.10 per customer served. Required: Prepare the company's flexible budget for October based on the actual level of activity for the month.

          During October, Luxor Corporation budgeted for 30,000 customers, but actually served
33,000 customers.
Revenue should be $2.90 per customer served.
Wages and salaries should be $27,200 per month plus $0.80 per customer served.
Supplies should be $0.60 per customer served.
Insurance should be $6,700 per month.
Miscellaneous expenses should be $3,100 per month plus $0.10 per customer served.
Required:
Prepare the company's flexible budget for October based on the actual level of activity for the
month.

During October, Luxor Corporation budgeted for 30,000 customers, but actually served
33,000 customers.
Revenue should be 2.90 per customer served.
Wages and salaries should be27,200 per month plus 0.80 per customer served.
Supplies should be0.60 per customer served.
Insurance should be 6,700 per month.
Miscellaneous expenses should be3,100 per month plus 0.10 per customer served.
Required:
Prepare the company's flexible budget for October based on the actual level of activity for the
month.

Added by William C.

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