Adger Corporation Is A Service Company That Measures Its Output Based On The Number 938468
Adger Corporation is a service company that measures its outputbased on the number of customers served. The company provided thefollowing fixed and variable cost estimates that it uses forbudgeting purposes and the actual results for May as shownbelow:
Fixed Element
per MonthVariable Element per Customer ServedActual Total
for May Revenue$5,000 $160,000 Employee salaries andwages$50,000 $1,100 $88,000 Travel expenses$600 $19,000 Other expenses$36,000 $34,500
When preparing its planning budget the company estimated that itwould serve 30 customers per month; however, during May the companyactually served 35 customers.
What is AdgerAc€?cs revenue variance for May? (Indicate theeffect of each variance by selecting “F” for favorable, “U” forunfavorable, and “None” for no effect (i.e., zero variance). Inputall amounts as positive values.)
7.
What is AdgerAc€?cs employee salaries and wages spending variancefor 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 positivevalues.)
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8.
What is AdgerAc€?cs travel expenses spending variance for May?(Indicate the effect of each variance by selecting “F” forfavorable, “U” for unfavorable, and “None” for no effect (i.e.,zero variance). Input all amounts as positive values.)
9.
What is AdgerAc€?cs other expenses spending variance for May?(Indicate the effect of each variance by selecting “F” forfavorable, “U” for unfavorable, and “None” for no effect (i.e.,zero variance). Input all amounts as positive values.)
10.What amount of revenuewould be included in AdgerAc€?cs planning budget for May?11.What amount of employeesalaries and wages would be included in AdgerAc€?cs planningbudget
for May?12.What amount of travelexpenses would be included in AdgerAc€?cs planning budget for May?
13.What amount of otherexpenses would be included in AdgerAc€?cs planning budget for May?14.
What activity variance would Adger report in May with respect toits revenue? (Indicate the effect of each variance byselecting “F” for favorable, “U” for unfavorable, and “None” for noeffect (i.e., zero variance). Input all amounts as positivevalues.)
15.
What activity variances would Adger report with respect to eachof its expenses? (Indicate the effect of each variance byselecting “F” for favorable, “U” for unfavorable, and “None” for noeffect (i.e., zero variance). Input all amounts as positivevalues.)