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 per Month Revenue Employee salaries and wages $ 69,000 Travel expenses Other expenses $ 48,000 Variable Element per Customer Served $ 6,200 $ 1,600 Actual Total for May $ 196,000 $122,900 $ 610 $ 17,700 $ 45,200 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? Net operating income Required Information 15 [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 Elenent per Month Variable Element per customer $ 69,000 Served $ 6,200 $1,600 $ 48,000 Actual Total for May $196,000 $122,900 $610 $ 17,700 $45,200 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. 6. What is Adger's revenue 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 varlance). Input all amounts as positive values.) Revenue variance $ 3,050 U 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 Actual Total for Fixed Element per Month per Customer Revenue Employee salaries and wages $ 69,000 Served $ 6,200 $1,600 Travel expenses other expenses $ 48,000 May $196,000 $122,900 $610 $ 17,700 $ 45,200 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 (l.e., zero variance). Input all amounts as positive values.) Spending variance 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 other expenses Travel expenses Fixed Element per Month $ 69,000 $ 48,000 variable Element per Customer Served $ 6,200 $1,600 $610 Actual Total for May $ 196,000 $122,900 $ 17,700 $ 45,200 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. 8. What is Adger's travel expenses spending variance for May? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero variance). Input all amounts es positive values.) Spending variance Required Information 15 [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 Fixed Element per Month Employee salaries and wages other expenses $ 48,000 Travel expenses $ 69,000 Variable Element per customer Served $ 6,200 $1,600 $610 Actual Total for May $196,000 $ 122,900 $ 17,700 $ 45,200 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. 9. What is Adger's other expenses spending variance for May? (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero varlance). Input all amounts as positive values.) Spending variance 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 per Month Variable Element per customer Served Actual Total for Revenue Employee salaries and wages $ 69,000 $ 6,200 $1,600 Travel expenses Other expenses $ 48,000 May $196,000 $122,900 $610 $ 17,700 $ 45,200 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. 10. What amount of revenue would be included in Adger's planning budget for May? Amount of revenue included in the planning budget 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 per Month Revenue Employee salaries and wages $ 69,000 Travel expenses other expenses $ 48,000 variable Element per Customer Served $ 6,200 $1,600 Actual Total for May $196,000 $122,900 $610 $ 17,700 $45,200 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. 11. What amount of employee salaries and wages would be included in Adger's planning budget for May? Amount of employees salaries and wages included in the planning budget 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 per Month $ 69,000 variable Element per Customer Served $ 6,200 $ 1,600 Actual Total for May $196,000 $ 122,900 Revenue Employee salaries and wages Travel expenses other expenses $ 48,000 $ 610 $ 17,700 $ 45,200 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. 12. What amount of travel expenses would be included in Adger's planning budget for May? Amount of travel expenses included in the planning budget 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 per Month Revenue Employee salaries and wages $ 69,000 Travel expenses other expenses $ 48,000 Variable Element per Customer Served $ 6,200 $1,600 $ 610 Actual Total for May $ 196,000 $122,900 $ 17,700 $ 45,200 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. 13. What amount of other expenses would be included in Adger's planning budget for May? Amount of other expenses 14 Required Information 14 of 15 [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 $ 69,000 $ 48,000 Variable Element per Customer Served $ 6,200 $1,600 $ 610 Actual Total for May $ 196,000 $122,900 $ 17,700 $ 45,200 ces 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. 14. What activity variance would Adger report in May with respect to its revenue? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero varlance). Input all amounts as positive values.) Activity variance OT of 15 ! 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 per Nonth Variable Element per Customer Served Actual Total for Revenue $ 6,200 Employee salaries and wages $ 69,000 Travel expenses other expenses $ 48,000 $ 1,600 $610 May $196,000 $122,900 $ 17,700 $45,200 ces 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 15. What activity variances would Adger report with respect to each of its expenses for May? (Indicate the effect of each variance by selecting "F" for fevorable, "U" for unfavorable, and "None" for no effect (.e., zero variance). Input all amounts as positive values.) Activity Variance Employee salaries and wages Travel expenses Other expenses