Question
Required information [The following information applies to the questions displayed below.] Adger Corporation is a service company that measures its output based on the
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 $ 160,000 Fixed Element per Month Variable Element per Customer Actual Total for May $ 50,000 $ 36,000 $ 88,000 $ 19,000 $ 34,500 Served $ 5,000 $ 1,100 $ 600 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. 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 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 vages Travel expenses Other expenses Fixed Element Variable Element per Customer per Month Served Actual Total for May $ 50,000 $ 1,100 $ 600 $ 36,000 $ 5,000 $ 160,000 $ 88,000 $19,000 $ 34,500 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. 4. What amount of other expenses would be included in Adger's flexible budget for May? Amount of other expenses
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