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

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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 Fixed Element Actual Total for per Month $5,200 $ 1,200 $ 650 Мay $ 170,000 $ 92,700 $ 20,600 $ 29,000 Revenue $ 51,000 Employee salaries and wages Travel expenses Other expenses $ 30,000 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. 14. What activity variance would Adger report in May with respect to its revenue? (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.) Activity variance 15. What activity variances would Adger report with respect to each of its expenses 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.) Activity Variance Employee salaries and wages Travel expenses Other expenses 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 Fixed Element Actual Total for per Month $5,200 $ 1,200 $ 650 Мay $ 170,000 $ 92,700 $ 20,600 $ 29,000 Revenue $ 51,000 Employee salaries and wages Travel expenses Other expenses $ 30,000 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. 14. What activity variance would Adger report in May with respect to its revenue? (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.) Activity variance 15. What activity variances would Adger report with respect to each of its expenses 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.) Activity Variance Employee salaries and wages Travel expenses Other expenses

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Answer Solution Ans 14 Activity variance for revenue 26000 favorable Ans 15 Employee salaries and wa... View the full answer