70.2K

Verified Solution

Link Copied!

10. What amount of revenue would be included in Adger's planning budget for May? 12. What amount of travel expenses would be included in Adger's planning budget for May? 13. What amount of other expenses would be included in Adger's planning budget for May? 14. What activity variance would Adger report in May with respect to its revenue? Note: Indicate the effect of each variance by selecting " F " for favorable, " U " for unfavorable, and "N for no effect (i.e., zero variance). Input all amounts as positive values. 11. What amount of employee salaries and wages would be included in Adger's planning budget for May? 15. What activity variances would Adger report with respect to each of its expenses for May? Note: Indicate the effect of each variance by selecting " F " for favorable, " U " for unfavorable, a for no effect (i.e., zero variance). Input all amounts as positive values. 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: When preparing its planning budget, the company estimated it would serve 35 customers per month; however, during May the company actually served 40 customers. Foundational 9.9 (Algo) 9. What is Adger's other expenses spending variance for May? Note: Indicate the effect of each variance by selecting "F" for favorable, " U " for unfavorable, and "None" for no effect (1.e., zero variance), Input all amounts as positive values

Answer & Explanation Solved by verified expert

See Answer