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Accounting

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7 art 7 of 15 Required information (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: Tixed Element Variable Element Actual per per Customer Total Month Served for May Rovence $ 5,900 $216,500 Einployee salaries and wagen $ 66,000 $ 1,300 $116,200 Travel expenses $ 580 $ 19,700 other expenses $ 45,000 $ 42,500 3 01:11:42 BOOK When preparing its planning budget the company estimated that it would serve 35 customers per month; however, during May the company actually served 40 customers. 7. What is Adger's employee satarles and wages spending variance for May? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance). Input all amounts as positive values.) Spending variance 8. What is Adger's travel expenses spending variance for May? (Indicate the effect of each variance by selecting "P" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) Spending variance 9. What is Adger's other expenses spending varlance for 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 positive values.) Spending variance 10. What amount of revenue would be included in Adger's planning budget for May? Amount of revenue included in the planning budget

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