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 $5,000 $1,100 $600 Revenue Employee salaries and wages Travel expenses Other expenses Actual Total for May $160,000 $88,000 $ 19,000 $34,500 $50,000 $36,000 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. Required (all computations pertain to the month of May): . What is Adger's employee salaries and wages spending variance? Employee salaries and wages spending variance for May: Actual results Flexible budget *Spending variance * If actual employee salaries and wages is less than flexible budget, the spending variance for employee salaries and wages would be favorable, and vice versa. Note: To earn credit for variances, must state whether variance is favorable (F) or unfavorable (U) What is Adger's travel expenses spending variance? Travel expense spending variance: Actual results Flexible Budget *Spending variance * If actual travel expense is less than flexible budget, the spending variance for travel expense would be favorable, and vice versa. Note: To earn credit for variances, must state whether variance is favorable (F) or unfavorable (U)