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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
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.
10. What amount of revenue would be included in Adgers planning budget for May?
CH 9 HW Saved 10 Required information Part 10 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 Total for May 200,500 per Month eBook Revenue Employee salaries and wages 60,000 2,100 132,300 Travel expenses Other expenses $15,200 37,100 $ 520 39,000 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 10. What amount of revenue would be included in Adger's planning budget for May? ount of revenue included in the planning budg Mc Graw KPrev 10 11 1215 of 15 Next> MacBook ProStep by Step Solution
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