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CoursHeroTranscribedText: Exercise 13-44 (Algal Budgeting in a Service Organization: Solve for Unknown (L013-7) Jolly Cleaners offers residential and commercial cleaning services. Clients pay a xed monthly fee for the service, but can cancel the service at the end of any month. In addition to the employees who do the actual cleaning. the firm includes two managers who handle the administrative tasks [human resources, accounting, and so on] and one dispatcher, who assigns the cleaning employees tojobs on a daily basis. On average. residential clients pay $320 per month for cleaning services and the commercial clients pay $1.800 per month. A typical residential client requires 10 hours a month for cleaning and a typical commercial client requires 50 hours a month. In March. Jolly Cleaners had 40 commercial clients and 200 residential clients. Cleaners are paid $15 per hour and are only paid for the hours actually worked. Supplies and other variable costs are estimated to cost $4 per hour ofcleaning. Other monthly costs [all fixed} are $57,000 ESSA, including managerial and dispatcher salaries, and $3,700 in other expenses. For July. Jolly Cleaners has budgeted profit of $6,500 based on 50 commercial clients. Required: How many residential clients are budgeted for July? Prepare a budgeted income statement for July to confirm your answer. Complete this question by entering your answers in the tabs below. Residential Budgeted Inc Stmt How many residential clients are budgeted for July? Budgeted Inc Strnt ) Residential Budgeted 1m: Clients Stmt Prepare a budgeted inoorne statement for July to conrm your answer. {Round intermediate calculations to nearest whole number.) Revenues: Commercial Residential Total revenue Expenses: Cleaner compensation Supplies 86805. 51900 3,?00 SUEDE] {SUEDE} Other expenses Total expenses | en 6H Income ( Residential Clients

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