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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. for May Revenue Employee salaries and wages Travel expenses Other expenses Fixed Actual Element Variable Element Total per Month per Customer Served $ 5,400 $ 203,000 $ 53,000 $ 1,400 $ 108,500 $ 750 $ 27,700 $ 32,000 $ 30,800 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
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