Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. please solve and explain the following...

Please solve and explain The following...

70.2K

Verified Solution

Question

Accounting

Please solve and explain

image

image

image

image

The following Information applies to the questions displayed below Adger Corporation is a service company that measures its output bosed 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 $ 6,300 $1,700 $ 620 Fbxed Element Actual Total Revenue Employee salaries and wages Travel expenses Other expenses per Month $70,000 $49.000 for May S 199,000 S 127.300 5 18.000 S 46,100 When preporing its planning budget the company estimated that it would serve 30 customers per month; however, during May the company actually served 35 customers. Required information 2.00 points Required 1. What amount of revenue would be included in Adger's tiexible budget for May? Revenue Variable slement 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

Basic Math
1.2K views

If you want to earn 2 annual simple interest on an investment how much should...

Physics
1.2K views

Power supplied to a particle of mass 2 kg varies with time as P 3t...

Basic Math
1.2K views

A certain cut of beef costs $7.59 per pound, and a similar cut of pork...

Basic Math
1.2K views

For the scenario given determine the smallest set of numbers for its possible values and...

Calculus
1.2K views

Multiply and simplify by factoring Assume that all expressions under radicals represent nonnegative numbers 3...

Accounting
1.2K views

Sako Companys Audio Division produces a speaker that is used by manufacturers of various audio...

Accounting
1.2K views

Schmidt Company began operations on January 1,2017(or any year before that) and...

Accounting
1.2K views

The beginning balance in retained earnings was $65,000. Net income was $120,000. The balance in...

Accounting
1.2K views

Which of the following is not true regarding activity-based costing (ABC) systems? ABC can provide...

Accounting
1.2K views

A positive change in inventory (ex. increase of value in the computer inventory of 20,000)...

Accounting
1.2K views

Crawford Company has the following equivalent units for July: materials 20,000 and conversion costs 18,000....

Accounting
1.2K views

December 31, 2021 adjusted trial balance Debit. Credit Cash. $141920 Account receivable 7510580 Inventory....