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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
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: Pixed Element Variable Element Actual per Customer Month Served for May Revenue $ 5,600 $ 178,000 Employee salaries and wages $ 63,000 $1,000 $ 96,500 Travel expenses $ 550 $ 15,900 Other expenses $ 42,000 $ 39,800 per Total 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: 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
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