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.

5. What net operating income would appear in Adger's flexible budget for May?

6. What is Adger's revenue variance for May? (F, U, or None)

7. What is Adger's employee salaries and wages spending variance for May? (F, U, or None)

8. What is Adger's travel expenses spending variance for May? (F, U, or None)

9. What is Adger's other expenses spending variance for May? (F, U, or None)

10. What amount of revenue would be included in Adger's planning budget for May?

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

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

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

14. What activity variance would Adger report in May with respect to its revenue? (F, U, or None)

15. What activity variances would Adger report with respect to each of its expenses for May? (F, U, or None)

Required information [The following information applies to the questions displayed below] 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: 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