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: Variable Element Fixed Element per Customer Actual Total for per Month Served May Revenue $ 5,300 $ 199,500 Employee salaries and wages $ 52,000 $ 1,300 $ 103,600 Travel expenses $ 700 $ 25,800 Other expenses $ 31,000 $ 29,900 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. Required: 1. What amount of revenue would be included in Adger's flexible budget for May? Amount of revenue included in the flexible budget 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: Variable Element Fixed Element per Customer Actual Total for per Month Served May Revenue $ 5,300 $ 199,500 Employee salaries and wages $ 52,000 $ 1,300 $ 103,600 Travel expenses $ 700 $ 25,800 Other expenses $ 31,000 $ 29,900 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. 2. What amount of employee salaries and wages would be included in Adger's flexible budget for May? Amount of employee salarios and wages included in the flexiblo budget 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: Variable Element Fixed Element per Customer Actual Total for per Month Served May Revenue $ 5,300 $ 199,500 Employee salaries and wages $ 52,000 $ 1,300 $ 103,600 Travel expenses $ 700 $ 25,800 Other expenses $ 31,000 $ 29,900 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. 3. What amount of travel expenses would be included in Adger's flexible budget for May? Amount of travel expenses included in the flexible budget 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: Variable Element Fixed Element per Customer Actual Total for Revenue per Month Served May $ 5,300 Employee salaries and wages $ 199,500 Travel expenses $ 52,000 $ 1,300 $ 103,600 $ 700 Other expenses $ 25,800 $ 31,000 $ 29,900 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. 4. What amount of other expenses would be included in Adger's flexible budget for May? Amount of other expenses 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: Variable Element Fixed Element per Customer Actual Total for per Month Served May Revenue $ 5,300 $ 199,500 Employee salaries and wages $ 52,000 $ 1,300 $ 103, 600 Travel expenses $ 700 $ 25, 800 Other expenses $ 31,000 $ 29,900 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. 5. What net operating income would appear in Adger's flexible budget for May? Net operating income