Adger Corporation is a service company that measures its output based on the number of...

60.1K

Verified Solution

Question

Accounting

image

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 Variable Element per Customer Served 6,200 1,600 S 610 Fied Element Actual Total Revenue Employee salarnies and wages Travel expenses Other expenses per Month $69.000 $48,000 for May S 196,000 $ 122.900 $ 17700 $ 45,200 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 3. What amount of travel expenses would be included in Adger's flexible budget for May? Travel expenses Variable element per customer served Actual activity Amount in flexible budget

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students