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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

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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 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: 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? 2. What amount of employee salaries and wages would be included in Adger's flexible budget for May? 3. What amount of travel expenses would be included in Adger's flexible budget for May? 4. What amount of other expenses would be included in Adger's flexible budget for May? 5. What net operating income would appear in Adger's flexible budget for May? 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.)

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