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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: Variable Element per Customer Served Actual Total for May Revenue Fixed Element per Month $ $ $ Employee salaries and wages $ $ $ $ $ Travel expenses Other expenses $ When preparing its planning budget the company estimated that it would serve customers per month; however, during May the company actually served customers. Required: What amount of revenue would be included in Adger's flexible budget for May?
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