Pickrel Corporation is an oil well service company that measures its output by the number...
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Accounting
Pickrel Corporation is an oil well service company that measures its output by the number of weils serviced. The compary has provided the following foxed and variable cost estimates that it uses for budgeting purposes Loed 1.100 603 ervieing nateriala other expes 34,400 when the company prepared its planning budget at the beginning of No enter, it assumed that 27 wells would have been serviced. However, 31 wells were actualy se viced during No ente The amount shown for revenue in the planning budget for November would have been closest to $170,500 $148,500 $149,98 $172,200
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