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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

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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: Variable Element Fixed Element per per Customer Actual Total for Month Served May Revenue $ 6,200 $ 196,000 Employee salaries and wages $ 69,000 $ 1,600 $ 122,900 Travel expenses $ 610 $ 17,700 other expenses $ 48,000 $ 45,200 When preparing its planning budget the company estimated that it would serve 30 customers per month; however, durir May the company actually served 35 customers Required: 1. What amount of revenue would be included in Adger's flexible budget for May? Amount of revenue included in the flexible budget 2. What amount of employee salaries and wages would be included in Adger's flexible budget for May? Amount of employee salaries and wages included in the flexible budget 3. What amount of travel expenses would be included in Adger's flexible budget for May? Amount of travel expenses included in the flexible budget 4. What amount of other expenses would be included in Adger's flexible budget for May? Amount of other expenses 5. What net operating income would appear in Adger's flexible budget for May? Net operating income

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