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 6,200 Actual Total for May $ 200,500 $ Revenue Employee salaries and wages Travel expenses Other expenses $ 60,000 & $ 2,100 520 $ 132,300 15,200 37,100 $ 39,000 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. 4. What amount of other expenses would be included in Adger's flexible budget for May? 5. What net operating income would appear in Adgers flexible budget for May? 6. What is Adgers revenue variance for May? 7. What is Adgers employee salaries and wages spending variance for May? 8. What is Adger's travel expenses spending variance for May? (Ctrl)