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 per Month		Variable Element per Customer Served			Actual Total for May
Revenue			$	6,200		$	200,500
Employee salaries and wages	$	60,000	$	2,100		$	132,300
Travel expenses			$	520		$	15,200
Other expenses	$	39,000				$	37,100

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 Adgers flexible budget for May?

CH 9 HW Saved 5 Required information Part 5 of 15 [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: points Fixed Element Variable Element Actual per Customer Served 6,200 2,100 520 Total for May 200,500 s 132,300 15,200 37,100 per Month 60,000 39,000 eBook Revenue Employee salaries and wages Travel expenses Other expenses Print 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. References 5. What net operating income would appear in Adger's flexible budget for May? Net operating income Next Mc Graw Hill 5 6 7 15 of 15