Required information 5 [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: Revenue Employee salaries and wages Travel expenses Other expenses Fixed Element per Month $ 67,000 $ 46,00d Variable Element per Customer Served $ 6,000 $1,400 Actual Total for May $ 190,000 $114,100 $ 590 $ 17,100 $ 43,400 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. 2. What amount of employee salaries and wages would be included in Adger's flexible budget for May? Answer is complete but not entirely correct. Amount of employee salaries and wages included in the flexible budget $ 67,000 ! 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: Revenue Employee salaries and wages Travel expenses Other expenses Fixed Element per Month Variable Element per Customer Actual Total for May $ 190,000 $ 67,000 $ 46,000 Served $ 6,000 $1,400 $ 590 $ 114,100 $ 17,100 $ 43,400 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. 5. What net operating income would appear in Adger's flexible budget for May? Answer is complete but not entirely correct. Net operating income i 7,350 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: Fixed Element Variable Element per Customer per Month Revenue Employee salaries and wages $ 67,000 Travel expenses $ 590 Served $ 6,000 $ 1,400 $ 190,000 $114,100 $ 17,100 Actual Total for May Other expenses $ 46,000 $ 43,400 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. 7. What is Adger's employee salaries and wages spending variance for May? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) Answer is complete but not entirely correct. Spending variance 21,900