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 $ 5,000 $ 160,000 Employee salaries and wages $ 50,000 $ 1,100 $ 88,000 Travel expenses $ 600 $ 19,000 Other expenses $ 36,000 $ 34,500 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 Section Break Foundational LO9 1, LO9 2, LO9 3 1 value 6 66 points Required information Foundational 9 1 Required 1 What amount of revenue would be included in Adgers flexible budget for May References eBook Resources WorksheetDifficulty 2 MediumLearning Objective 09 02 Prepare a report showing activity variances Foundational 9 1Learning Objective 09 01 Prepare a flexible budget Learning Objective 09 03 Prepare a report showing revenue and spending variances Check my work 2 value 6 66 points Required information Foundational 9 2 2 What amount of employee salaries and wages would be included in Adgers flexible budget for May References eBook Resources WorksheetDifficulty 2 MediumLearning Objective 09 02 Prepare a report showing activity variances Foundational 9 2Learning Objective 09 01 Prepare a flexible budget Learning Objective 09 03 Prepare a report showing revenue and spending variances Check my work 3 value 6 66 points Required information Foundational 9 3 3 What amount of travel expenses would be included in Adgers flexible budget for May References eBook Resources WorksheetDifficulty 2 MediumLearning Objective 09 02 Prepare a report showing activity variances Foundational 9 3Learning Objective 09 01 Prepare a flexible budget Learning Objective 09 03 Prepare a report showing revenue and spending variances Check my work 4 value 6 66 points Required information Foundational 9 4 4 What amount of other expenses would be included in Adgers flexible budget for May References eBook Resources WorksheetDifficulty 2 MediumLearning Objective 09 02 Prepare a report showing activity variances Foundational 9 4Learning Objective 09 01 Prepare a flexible budget Learning Objective 09 03 Prepare a report showing revenue and spending variances Check my work 5 value 6 66 points Required information Foundational 9 5 5 What net operating income would appear in Adgers flexible budget for May References eBook Resources WorksheetDifficulty 2 MediumLearning Objective 09 02 Prepare a report showing activity variances Foundational 9 5Learning Objective 09 01 Prepare a flexible budget Learning Objective 09 03 Prepare a report showing revenue and spending variances Check my work 6 value 6 66 points Required information Foundational 9 6 6 What is Adgers revenue variance for May (Indicate the effect of each variance by selecting F for favorable, U for unfavorable, and None for no effect (i e , zero variance) Input all amounts as positive values ) References eBook Resources WorksheetDifficulty 2 MediumLearning Objective 09 02 Prepare a report showing activity variances Foundational 9 6Learning Objective 09 01 Prepare a flexible budget Learning Objective 09 03 Prepare a report showing revenue and spending variances Check my work 7 value 6 66 points Required information Foundational 9 7 7 What is Adgers employee salaries and wages spending variance for May (Indicate the effect of each variance by selecting F for favorable, U for unfavorable, and None for no effect (i e , zero variance) Input all amounts as positive values ) References eBook Resources WorksheetDifficulty 2 MediumLearning Objective 09 02 Prepare a report showing activity variances Foundational 9 7Learning Objective 09 01 Prepare a flexible budget Learning Objective 09 03 Prepare a report showing revenue and spending variances Check my work 8 value 6 66 points Required information Foundational 9 8 8 What is Adgers travel expenses spending variance for May (Indicate the effect of each variance by selecting F for favorable, U for unfavorable, and None for no effect (i e , zero variance) Input all amounts as positive values ) References eBook Resources WorksheetDifficulty 2 MediumLearning Objective 09 02 Prepare a report showing activity variances Foundational 9 8Learning Objective 09 01 Prepare a flexible budget Learning Objective 09 03 Prepare a report showing revenue and spending variances Check my work 9 value 6 66 points Required information Foundational 9 9 9 What is Adgers other expenses spending variance for May (Indicate the effect of each variance by selecting F for favorable, U for unfavorable, and None for no effect (i e , zero variance) Input all amounts as positive values ) References eBook Resources WorksheetDifficulty 2 MediumLearning Objective 09 02 Prepare a report showing activity variances Foundational 9 9Learning Objective 09 01 Prepare a flexible budget Learning Objective 09 03 Prepare a report showing revenue and spending variances Check my work 10 value 6 66 points Required information Foundational 9 10 10 What amount of revenue would be included in Adgers planning budget for May References eBook Resources WorksheetDifficulty 2 MediumLearning Objective 09 02 Prepare a report showing activity variances Foundational 9 10Learning Objective 09 01 Prepare a flexible budget Learning Objective 09 03 Prepare a report showing revenue and spending variances Check my work 11 value 6 66 points Required information Foundational 9 11 11 What amount of employee salaries and wages would be included in Adgers planning budget for May rev 11 01 2014 QC 58006 References eBook Resources WorksheetDifficulty 2 MediumLearning Objective 09 02 Prepare a report showing activity variances Foundational 9 11Learning Objective 09 01 Prepare a flexible budget Learning Objective 09 03 Prepare a report showing revenue and spending variances Check my work 12 value 6 66 points Required information Foundational 9 12 12 What amount of travel expenses would be included in Adgers planning budget for May rev 11 01 2014 QC 58006 References eBook Resources WorksheetDifficulty 2 MediumLearning Objective 09 02 Prepare a report showing activity variances Foundational 9 12Learning Objective 09 01 Prepare a flexible budget Learning Objective 09 03 Prepare a report showing revenue and spending variances Check my work 13 value 6 66 points Required information Foundational 9 13 13 What amount of other expenses would be included in Adgers planning budget for May References eBook Resources WorksheetDifficulty 2 MediumLearning Objective 09 02 Prepare a report showing activity variances Foundational 9 13Learning Objective 09 01 Prepare a flexible budget Learning Objective 09 03 Prepare a report showing revenue and spending variances Check my work 14 value 6 66 points Required information Foundational 9 14 14 What activity variance would Adger report in May with respect to its revenue (Indicate the effect of each variance by selecting F for favorable, U for unfavorable, and None for no effect (i e , zero variance) Input all amounts as positive values ) References eBook Resources WorksheetDifficulty 2 MediumLearning Objective 09 02 Prepare a report showing activity variances Foundational 9 14Learning Objective 09 01 Prepare a flexible budget Learning Objective 09 03 Prepare a report showing revenue and spending variances Check my work 15 value 6 76 points Required information Foundational 9 15 15 What activity variances would Adger report with respect to each of its expenses (Indicate the effect of each variance by selecting F for favorable, U for unfavorable, and None for no effect (i e , zero variance) Input all amounts as positive values ) References eBook Resources WorksheetDifficulty 2 MediumLearning Objective 09 02 Prepare a report showing activity variances Foundational 9 15Learning Objective 09 01 Prepare a flexible budget Learning Objective 09 03 Prepare a report showing revenue and spending variances Check my work

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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			$	5,000	$	160,000
Employee salaries and wages	$	50,000	$	1,100	$	88,000
Travel expenses			$	600	$	19,000
Other expenses	$	36,000			$	34,500

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 Section BreakFoundational [LO9-1, LO9-2, LO9-3] 1. value: 6.66 points Required information

Foundational 9-1

Required:
1.	What amount of revenue would be included in Adgers flexible budget for May?

References eBook & Resources WorksheetDifficulty: 2 MediumLearning Objective: 09-02 Prepare a report showing activity variances. Foundational 9-1Learning Objective: 09-01 Prepare a flexible budget.Learning Objective: 09-03 Prepare a report showing revenue and spending variances.Check my work 2. value: 6.66 points Required information

Foundational 9-2

2.	What amount of employee salaries and wages would be included in Adgers flexible budget for May?

References eBook & Resources WorksheetDifficulty: 2 MediumLearning Objective: 09-02 Prepare a report showing activity variances. Foundational 9-2Learning Objective: 09-01 Prepare a flexible budget.Learning Objective: 09-03 Prepare a report showing revenue and spending variances.Check my work 3. value: 6.66 points Required information

Foundational 9-3

3.	What amount of travel expenses would be included in Adgers flexible budget for May?

References eBook & Resources WorksheetDifficulty: 2 MediumLearning Objective: 09-02 Prepare a report showing activity variances. Foundational 9-3Learning Objective: 09-01 Prepare a flexible budget.Learning Objective: 09-03 Prepare a report showing revenue and spending variances.Check my work 4. value: 6.66 points Required information

Foundational 9-4

4.	What amount of other expenses would be included in Adgers flexible budget for May?

References eBook & Resources WorksheetDifficulty: 2 MediumLearning Objective: 09-02 Prepare a report showing activity variances. Foundational 9-4Learning Objective: 09-01 Prepare a flexible budget.Learning Objective: 09-03 Prepare a report showing revenue and spending variances.Check my work 5. value: 6.66 points Required information

Foundational 9-5

5.	What net operating income would appear in Adgers flexible budget for May?

References eBook & Resources WorksheetDifficulty: 2 MediumLearning Objective: 09-02 Prepare a report showing activity variances. Foundational 9-5Learning Objective: 09-01 Prepare a flexible budget.Learning Objective: 09-03 Prepare a report showing revenue and spending variances.Check my work 6. value: 6.66 points Required information

Foundational 9-6

6.	What is Adgers revenue variance for May?(Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

References eBook & Resources WorksheetDifficulty: 2 MediumLearning Objective: 09-02 Prepare a report showing activity variances. Foundational 9-6Learning Objective: 09-01 Prepare a flexible budget.Learning Objective: 09-03 Prepare a report showing revenue and spending variances.Check my work 7. value: 6.66 points Required information

Foundational 9-7

7.	What is Adgers employee salaries and wages spending variance for May?(Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

References eBook & Resources WorksheetDifficulty: 2 MediumLearning Objective: 09-02 Prepare a report showing activity variances. Foundational 9-7Learning Objective: 09-01 Prepare a flexible budget.Learning Objective: 09-03 Prepare a report showing revenue and spending variances.Check my work 8. value: 6.66 points Required information

Foundational 9-8

8.	What is Adgers travel expenses spending variance for May?(Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

References eBook & Resources WorksheetDifficulty: 2 MediumLearning Objective: 09-02 Prepare a report showing activity variances. Foundational 9-8Learning Objective: 09-01 Prepare a flexible budget.Learning Objective: 09-03 Prepare a report showing revenue and spending variances.Check my work 9. value: 6.66 points Required information

Foundational 9-9

9.	What is Adgers other expenses spending variance for May?(Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

References eBook & Resources WorksheetDifficulty: 2 MediumLearning Objective: 09-02 Prepare a report showing activity variances. Foundational 9-9Learning Objective: 09-01 Prepare a flexible budget.Learning Objective: 09-03 Prepare a report showing revenue and spending variances.Check my work 10. value: 6.66 points Required information

Foundational 9-10

10.	What amount of revenue would be included in Adgers planning budget for May?

References eBook & Resources WorksheetDifficulty: 2 MediumLearning Objective: 09-02 Prepare a report showing activity variances. Foundational 9-10Learning Objective: 09-01 Prepare a flexible budget.Learning Objective: 09-03 Prepare a report showing revenue and spending variances.Check my work 11. value: 6.66 points Required information

Foundational 9-11

11.	What amount of employee salaries and wages would be included in Adgers planning budget for May?

rev: 11_01_2014_QC_58006

References eBook & Resources WorksheetDifficulty: 2 MediumLearning Objective: 09-02 Prepare a report showing activity variances. Foundational 9-11Learning Objective: 09-01 Prepare a flexible budget.Learning Objective: 09-03 Prepare a report showing revenue and spending variances.Check my work 12. value: 6.66 points Required information

Foundational 9-12

12.	What amount of travel expenses would be included in Adgers planning budget for May?

rev: 11_01_2014_QC_58006

References eBook & Resources WorksheetDifficulty: 2 MediumLearning Objective: 09-02 Prepare a report showing activity variances. Foundational 9-12Learning Objective: 09-01 Prepare a flexible budget.Learning Objective: 09-03 Prepare a report showing revenue and spending variances.Check my work 13. value: 6.66 points Required information

Foundational 9-13

13.	What amount of other expenses would be included in Adgers planning budget for May?

References eBook & Resources WorksheetDifficulty: 2 MediumLearning Objective: 09-02 Prepare a report showing activity variances. Foundational 9-13Learning Objective: 09-01 Prepare a flexible budget.Learning Objective: 09-03 Prepare a report showing revenue and spending variances.Check my work 14. value: 6.66 points Required information

Foundational 9-14

14.	What activity variance would Adger report in May with respect to its revenue?(Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

References eBook & Resources WorksheetDifficulty: 2 MediumLearning Objective: 09-02 Prepare a report showing activity variances. Foundational 9-14Learning Objective: 09-01 Prepare a flexible budget.Learning Objective: 09-03 Prepare a report showing revenue and spending variances.Check my work 15. value: 6.76 points Required information

Foundational 9-15

15.	What activity variances would Adger report with respect to each of its expenses?(Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

References eBook & Resources WorksheetDifficulty: 2 MediumLearning Objective: 09-02 Prepare a report showing activity variances. Foundational 9-15Learning Objective: 09-01 Prepare a flexible budget.Learning Objective: 09-03 Prepare a report showing revenue and spending variances.Check my work