Foundational ILO9-1, LO9-2, LO9-31 IThe following information applies to the questions displayed belowJ 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: Variable Element Fixed per Actual Element Customer Total per Month served for May 6,200 $200,500 Revenue Employee salaries and wages 60,000 2100 132,300 520 15,200 Travel expenses Other expenses $39,000 37100 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