Media Mogul owns the cable TV franchise for Spudcity, Idaho. Dan Trevino, the manager in charge of the Spudcity franchise, is responsible for all operational decisions, including preparing the monthly budget.
Dan provides you with the following information regarding the activities of the Spudcity franchise.



Required:
a. Prepare Dan€™s budgeted monthly income statement.
b. Comment on the similarities and differences, if any, between Media Mogul€™s budget and the budget for a manufacturingfirm.

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Operating Costs Fixed costs include the rent, $450,000 per month trucks, and salaries to office personnel. Variable costs comprise indalltics Variable cost is $60 per installation, $35 per repair, 250 installations and 600 maintenance. repair calls per month. He also estimates that he will perform 35 line maintenance actions