5 Part 5 of 15 04 Doints 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 tement Variable Element Actual per per Customer Total Month for May Revenge $ 6,000 $ 190,000 Teployee salaries and wages $67,000 $ 1,400 5124,100 Travel expenses $ 590 $ 17,100 Other expenses $ 46,000 $ 43,400 Served When preparing its planning budget the company estimated that it would serve 30 customers per month, however, during May the company actually served 35 customers. 5. What net operating income would appear in Adger's flexible budget for May? Answer is complete but not entirely correct. Net operating $ 59,900 income 6 Part 6 of 15 0.4 points 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 customer 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. Mixed Klement Variable sement Actual per Per costoner Total Month Served for May Revenue $ 6,000 $ 190,000 ployee salaries and wagen $67.000 91,400 $ 114,100 Travel expenses $ 990 $ 17,100 other expenses $ 46,000 $ 45,400 When preparing its planning budget the company estimated that it would serve 30 customers per month; however, during May the company actually served 35 customers. 6. What is Adger's revenue variance for May? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.. zero variance). Input all amounts as positive values.) Answer is complete but not entirely correct. Ravenue $ 15,000 variance 7 Required information The following information applies to the questions displayed below) Adger Corporation is a service company that measures is output based on the number of customers served. The company provided the following food and variable cost estimates that it uses for budgeting purposes and the actual results for May as shown below. 0.4 points Revenge Employee salaries and was Travel expense other expenses Mixed Menint Variable tient Actos per per Custooer Total ferved for May $6,000 $190,000 567.000 $ 1.400 114,100 5590 $ 17,100 5:46.000 $3,400 When preparing its planning budget the company estimated that it would serve 30 customers per month, however, during May the company actually served 35 customers. 7 What is Adger's employee salaries and wages spending variance for Moy? (Indicate the effect of each variance by selecting "Ffor favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance). Input all amounts as positive values.) Answer is complete but not entirely correct. Spending $ 1.200 00 Part 8 of 15 0.4 parts 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 tenent Variable leent Actual per per customer Total Month served for My 56,000 $190,000 Employee salaries and wagon 167,000 $ 1,400 14,100 Travel expenses $ 590 $ 17.100 Other expenses $45.000 $43,400 Revenue When preparing its planning budget the company estimated that it would serve 30 customers per month; however, during May the company actually served 35 customers. 8. What is Adger's travel expenses spending variance for May? (Indicate the effect of each variance by selecting "P" for favorable, "U" for unfavorable, and "None" for no effect (le, zero variance). Input all amounts as positive values.) Answer is complete but not entirely correct. Spending variance 53,000