Please solve and explain The following...
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Accounting
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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
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