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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:

Fixed Element per Month

Variable Element per Customer Served

Actual Total for May

Revenue

$5,000

$160,000

Employee salaries and wages

$50,000

$1,100

$88,000

Travel expenses

$600

$19,000

Other expenses

$36,000

$34,500

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 amount of revenue would be included in Adgers planning budget? & What amount of employee salaries and wages would be included in Adgers planning budget? PLEASE SHOW ALL WORK

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