Question: During May, Cockrel Corporation plans to serve 51,000 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served:
Revenue: $4.52q
Wages and salaries: $35,100 + $1.72q
Supplies: $.92q
Insurance: $20,000
Miscellaneous expense: $6,100 + $.62q
Required: Prepare the company's planning budget for May.