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 proyided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results for May as shown below: a Fixed Element Variable Element per per Customer Month Served $5,400 $ 61,000 $ 2,200 $ 530 $ 40,000 Revenue Employee salaries and wages Travel expenses Other expenses Actual Total for May $ 226,000 $ 158,700 $ 20,700 $ 38,000 When preparing its planning budget the company estimated that it would serve 40 customers per month; however, during May the company actually served 45 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 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 Actual per per Customer Total Month Served for May $5,400 $ 226,000 $ 61,000 $ 2,200 $ 158,700 $ 530 $ 20,700 $ 40,000 $ 38,000 Revenue Employee salaries and wages Travel expenses Other expenses When preparing its planning budget the company estimated that it would serve 40 customers per month; however, during May the company actually served 45 customers. 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 0 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 per Customer Month Served $ 5,400 $61,000 $ 2,200 $ 530 $ 40,000 Revenue Employee salaries and wages Travel expenses Other expenses Actual Total for May $ 226,000 $ 158,700 $ 20,700 $ 38,000 When preparing its planning budget the company estimated that it would serve AO customers per month; however, during May the company actually served 45 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 per Customer Month Served $ 5,400 $ 61,000 $ 2,200 $ 530 $ 40,000 Actual Total for May $ 226,000 $ 158,700 $ 20,700 $ 38,000 When preparing its planning budget the company estimated that it would serve 40 customers per month; however during May the company actually served 45 customers. 4. What amount of other expenses would be included in Adger's flexible budget for May? Amount of other expenses 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 Variable Element Actual per per Customer Total Month Served for May $5,400 $ 226,000 $ 61,000 $ 2,200 $ 158,700 $ 530 $ 20,700 $ 40,000 $ 38,000 When preparing its planning budget the company estimated that it would serve 40 customers per month; however, during May the company actually served 45 customers, 5. What net operating income would appear in Adger's flexible budget for May? Net operating income 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: per Revenue Employee salaries and wages Travel expenses other expenses Fixed Element Variable Element Actual per Customer Total Month Served for May $ 5,400 $ 226,000 $ 61,000 $ 2,200 $ 158,700 $ 530 $ 20,700 $ 40,000 $ 38,000 When preparing its planning budget the company estimated that it would serve 40 customers per month; however, during May the company actually served 45 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 variance). Input all amounts as positive values.) Revenue variance F None U Required information The following information applies to the questions displayed below.) Adget 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 Actual per per Customer Total Month Served for May $ 5,400 $ 226,000 $61,000 52,200 $ 158,700 $530 $ 20,700 $ 40,000 $ 38,000 Revenue Employee salaries and wages Travel expenses other expenses When preparing its planning budget the company estimated that it would serve 40 customers per month; however, during May the company actually served 45 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 (.e., zero variance). Input all amounts as positive values.) Spending variance F None U
