During June, Tarras Corporation plans to serve 36,000 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served:Revenue: $3.50qWages and salaries: $35,100 + $0.90qSupplies: $0.70qInsurance: $8,500Miscellaneous expense: $4,100 + $0.30qRequired: Prepare the company's planning budget for June.

Planning Budget

A budget prepared for a specific level of activity, used as a tool for decision making and financial planning.

Customers Served

The total number of clients or customers who have been provided with a service or product during a specified period.

Revenue Formulas

Equations or models used to calculate the total amount of income generated from business activities during a specific period.