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 for budgeting purposes and the actual results for May as shown below: Revenue Employee salaries and wages Travel expenses Other expenses Fixed Element per Month $ 51,000 $ 30,000 Variable Element per Customer Served $5,200 $ 1,200 $ 650 Net operating income When preparing its planning budget, the company estimated it would serve 30 customers per month; however, during May the company actually served 35 customers. 5. What net operating income would appear in Adger's flexible budget for May? Actual Total for May $ 170,000 $ 92,700 $ 20,600 $ 29,000

Required information The following information applies fo the questions displayed bolow] Adger Corporation is a service company that measures its output based on the number of customers served. The company provided the following foed and variable cost estimates for budgeting purposes and the octual fosults for May as shown below When preparing its planning budget, the company estimated it wowld serve 30 customers per month; however, during May the company actually served 35 customers 5. What net operating income would appear in Adger's fexeble budget for May