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Required information (The following information applies to the questioni 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 varlable cost estimates that it uses for budgeting purposes and the actual results for May as shown below: Variable leeent per Custoner Served $5, 00 $1,200 Fixed tlement per Actual Tetal for Month Revenue Employee salaries and wages Travel expenses Other expenses $ 184,00 2105,0 536, $ 41,00 $ 45,000 5.44,000 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: 1. What amount of revenue would be included in Adger's flexible budget for May?

Required information (The following information applies to the questioni 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 varlable cost estimates that it uses for budgeting purposes and the actual results for May as shown below: Variable leeent per Custoner Served $5, 00 $1,200 Fixed tlement per Actual Tetal for Month Revenue Employee salaries and wages Travel expenses Other expenses $ 184,00 2105,0 536, $ 41,00 $ 45,000 5.44,000 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: 1. What amount of revenue would be included in Adger's flexible budget for May?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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1 Required information Pert 1 of 15 (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: Variabla (leeet per Custoner Served $5,00 21,200 Fixed Element per Month eBook Actual Total for Revenue Employee salaries and wages Travel expenses Other expenses May $ 184,000 $ 105, 00 5 16, s00 $ 41,00 Pnnt $65,000 References 5 44,000 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: 1. What amount of revenue would be included in Adger's flexible budget for May? Amount of revenue included in the flexbie budget
Transcribed Image Text:1 Required information Pert 1 of 15 (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: Variabla (leeet per Custoner Served $5,00 21,200 Fixed Element per Month eBook Actual Total for Revenue Employee salaries and wages Travel expenses Other expenses May $ 184,000 $ 105, 00 5 16, s00 $ 41,00 Pnnt $65,000 References 5 44,000 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: 1. What amount of revenue would be included in Adger's flexible budget for May? Amount of revenue included in the flexbie budget
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