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 Actual Element Variable Elenent Total per Month per Customer served for May $ 6,300 $ 199,000 5.70,000 $ 1,700 $ 127,300 $ 620 $ 18,000 $49.000 $ 46,100 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 2. What amount of employee salaries and wages would be included in Adger's flexible budget for May? S 18,600 Amount of employee salaries and wages 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 $ 49,000 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 oll amounts os positive values.) Revenue variance 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 (i.e., zero variance). Input all amounts os positive values.) Spending variance 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 i.e., zero variance). Input all amounts as positive values.) Spending variante 9. What is Adger's other expenses spending 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.) Sponding variance 13. What amount of other expenses would be included in Adger's planning budget for May? Amount of other expenses 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 (.e., zero variance). Input all amounts as positive values.) Activity variance 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 favorable, "U" for unfavorable, and "None" for no effect (i.e, zero variance). Input all amounts os positive volues.) Activity Variance Employee salaries and wages Travel expenses Other expenses
