1. Time remaining: 1:51:48 [The following information apples to the questions displayed below! Adger Corporation is...
Fantastic news! We've Found the answer you've been seeking!
Question:
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/05/6659ca008e390_4486659ca002703f.jpg)
Transcribed Image Text:
1. Time remaining: 1:51:48 [The following information apples to the questions displayed below! Adger Corporation is a service company that measures its output based on the number of customers served. The company provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results for May as shown below. Revenue Employce salates and wages Travelxpenses Other expenses Fixed Flement per Mouth Variable Llement per Customer Served $5.400 $61,000 $2,200 Actual Total for May $228,000 $ 158,700 $ 530 $ 20,700 $40,000 $ 38,000 When preparing its planning budget the company estimated that it would serve 40 customers per month; however, during May the company ectually served 45 customers. Required: 1. What amount of revenue would be included in Adger's flexible budget for May? Revenue: Variable element per customer served Actual activity Amount in flexible budget Required Information 1. Time remaining: 1:51:48 [The following information apples to the questions displayed below! Adger Corporation is a service company that measures its output based on the number of customers served. The company provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results for May as shown below. Revenue Employce salates and wages Travelxpenses Other expenses Fixed Flement per Mouth Variable Llement per Customer Served $5.400 $61,000 $2,200 Actual Total for May $228,000 $ 158,700 $ 530 $ 20,700 $40,000 $ 38,000 When preparing its planning budget the company estimated that it would serve 40 customers per month; however, during May the company ectually served 45 customers. Required: 1. What amount of revenue would be included in Adger's flexible budget for May? Revenue: Variable element per customer served Actual activity Amount in flexible budget Required Information
Expert Answer:
Posted Date:
Students also viewed these accounting questions
-
Describe the services offered by a tour operator. LO.1
-
For a student, a grade of 65 percent is nothing to write home about. But for the airline . [industry], filling 65 percent of the seats . is the difference between profit and loss. The [economy] might...
-
Cullumber Company issued $730,000,9%,10-year bonds on December 31, 2021, for $660,000. Interest is psyable annually on December 31 . Cullumber Company uses the straight-line method to amortize bond...
-
how does these agreements FTAs, PTA and customs unions (CU) help India compete with there garments in the global market
-
Which of the following statements about QuickBooks Bill Pay are correct? Select all that apply. You can configure QuickBooks Bill Pay to pay bills automatically when they're added to QuickBooks...
-
Ash purchases 500 shares of XYZ for $10/share. Ten months later, when the shares are trading at $15/share, they donate them to Caring Trust, a qualified charity. Three months after the donation is...
-
Bob gets a X = 60 on his psychology exam and a X = 56 on his Biology exam. Psych exam scores had a =50 and =10 while Bio exam scores had a =48 and =4. Both professors grade on a curve. 1 - For which...
-
1. Lucky Company's direct labor information for the month of February is as follows: Actual direct labor hours worked (AQ) 61,500 Standard direct labor hours allowed (SQ) 63,000 Total payroll for...
-
MAT 152 Project 3: MLB Team Salaries The data set below is the total salary of each Major League Baseball (MLB) team salaries per team in 2016. Find the probabilities for normal distributions and...
-
I need an answer with work showing for this problem 8-1. It is on course hero however it is not showing how what numbers were used to calculate; Calculate the accounts receivable turnover and average...
-
Gamsharing Lindsay Cereal Company manufactures a line of breakfast cere als. The production workers are part of a gainsharing program that works as follows. A target level of labor costs is set based...
-
Profit sharing Peterborough Medical Devices makes devices and equipment that it sells to hospitals. The organization has a profit-sharing plan that is worded as follows: The company will make...
-
Designing a balanced scorecard The following exhibit appeared in Weirton LO 5 Steel Corporation's 1990 annual report: We are bound together in these common beliefs and values. We must . . . For the...
![Mobile App Logo](https://dsd5zvtm8ll6.cloudfront.net/includes/images/mobile/finalLogo.png)
Study smarter with the SolutionInn App