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The Foundational 15 [LO9-1, LO9-2, LO9-3] [The following information applies to the questions displayed below.] Adger Corporation is a service company that measures its output

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The Foundational 15 [LO9-1, LO9-2, LO9-3] [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: F i xed Element Variable Element Actual per Customer Served 5,800 1,200 $ 570 Total for May 184,000 105,300 16,500 $ 41,600 per Month Revenue Employee salaries and wages 65, 000 Travel expenses Other expenses $44,000 When preparing its planning budget the company estimated that it would serve 30 customers per month; however, during May the company actualy served 35 customers. 1. What amount of revenue would be included in Adger's flexible budget for May? unt of revenue 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 5. What net operating income would appear in Adger's flexible budget for May? Net operating income 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 as positive values) Spending variance None

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