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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 Varlable Element per Customer Served $6,200 $1,600 $ 610 Fixed Element Actual Total Revenue Employee salarles and wages Travel expenses Other expenses per Month $69,000 $48,000 for May $ 196,000 $ 122,900 $ 17,700 $ 45,200 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 i. What net operating income would appear in Adger's flexible budget for May? et operating income
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