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 Total for May $ 217,000 $128,100 $35,300 $ 34,400 per Customer per Month Served Revenue $5,800 $1,800 Employee salaries and wages Travel expenses Other expenses $57,000 950 $36,000 When preparing its planning budget the company estimated that it would serve 35 customers per month; however, during May the company actually served 40 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 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