The Foundational 15 (Algo) [LO9-1, LO9-2, LO9-3] Skip to question [The following information applies to...
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The Foundational 15 (Algo) [LO9-1, LO9-2, LO9-3] Skip to question [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: Fixed Element per Month Variable Element per Customer Served Actual Total for May Revenue $ 5,800 $ 189,500 Employee salaries and wages $ 54,000 $ 1,500 $ 105,900 Travel expenses $ 800 $ 25,600 Other expenses $ 33,000 $ 31,700 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. Foundational 9-12 (Algo) 12. What amount of travel expenses would be included in Adgers planning budget for May?
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