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How do prepare the company planning budget for april

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Reference no: EM132632489

Sund Corporation bases its budgets on the activity measure "customers served." During April, the company plans to serve 38,000 customers. The company has provided the following data concerning the formulas it uses in its budgeting:

                                               Fixed Element per Month                   Variable Element per Month

Revenue                                       ---                                               $2.10

Wages and salaries                      $25,000                                           $0.50

Supplies                                         $0                                              $0.30

Insurance                                   $6,200                                            $0.00

Miscellaneous expenses                   $2,500                                          $0.40

Required:

Problem 1: Prepare the company's planning budget for April. What is the net operating income?

Reference no: EM132632489

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