Andrea operates his own summer lawn-mowing business using a truck and equipment used solely for...
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Accounting
- Andrea operates his own summer lawn-mowing business using a truck and equipment used solely for business purposes. Andrea budgets $10 per job for variable expenses (gas for his truck and equipment) and $500 per month for fixed expenses (insurance and lease payments). Andrea expected to have 100 mowing jobs during the month of June, but actually had 125. How much should be reflected in the flexible budget for (1) variable expenses (2) total operating expenses?
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