14. What activity variance would Adger report in May with respect to its revenue? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

15. What activity variances would Adger report with respect to each of its expenses for May? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

Required information [The following information applies 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: Fixed Element Variable Element Actual Total per Customer per for May Month Served $ 6,100 $ 1,500 600 $ 223,500 $ 126,000 $20,400 $44,300 Revenue Employee salaries and wages Travel expenses $ 68,000 $ Other expenses $ 47,000 When preparing its planning budget the company estimated that it would serve 35 customers per month; however, during May the company actually served 40 customers