Variable Element M N Fixed Element per Customer Actual Total per Month Served for May Revenue $5,000 $160,000 Employee salaries and wages $50,000 $1,100 $88,000 Travel expenses $600 $19,000 Other expenses $36,000 $34,500 P 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. Required (all computations pertain to the month of May): 1. What amount of revenue would be included in Adger's flexible budget? 2. What amount of employee salaries and wages would be included in Adger's flexible budget? 3. What amount of travel expenses would be included in Adger's flexible budget? 4. What amount of other expenses would be included in Adger's flexible budget? Chapter 9 Q1 Q2 Q3 Q4 Q5 Q6 Q7 Q8 Q9 Q10 Q11 Q12 013 014 Q15