#3-Exam-Part 2 During August, Diga Corporation plans to serve 38,000 customers.

ID: 2534437 • Letter: #

Question

#3-Exam-Part 2 During August, Diga Corporation plans to serve 38,000 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served Revenue $4.47q Wages and salaries $33,800 $1 59q Supplies: S.T9q Insurance $18,000 Miscellaneous $4,800$.49q Required Complete the company's planning budget for August (Input all amounts as positive values. Omit the "$ sign in your response.) For the Month Ended August 31 Budgeted customers served Expenses Wages and salanes Supplies Insurance Total expense Net operating income

Explanation / Answer

Diga Corporation

Planning Budget

For the month ended August 31

Budgeted Customers Served

38,000.00

Revenue (38000 x $4.47

169,860.00

Expenses

Wages & Salaries [33800 + (38000 x $1.59)]

94,220.00

Supplies (38000 x $0.79)

30,020.00

Insurance (Given)

18,000.00

Miscellaneous [4800 + (38000 x $0.49)]

23,420.00

Total Expenses

165,660.00

Net Operating Income

4,200.00