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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 $6,600 $ 2,300 3.540 Revenue Employee salaries and wages Travel expenses other expenses Fixed Element per Month $ 62,000 $. 41,000 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. Actual Total for May $ 213,500 $ 141,100 $ 15,700 $ 38,900 Required: 1. What amount of revenue would be included in Adger's flexible budget for May? Amount of revenue included in the flexible budget 05 points eBook Print References 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 $6,600 $ 2,300 $540 Fixed Element per Month $ 62,000 $ 41,000 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. Revenue Employee salaries and wages Travel expenses Other expenses Actual Total for May $ 213,500 $ 141,100 $15,700 $ 38,900 2. What amount of employee salaries and wages would be included in Adger's flexible budget for May? Amount of employee salaries and wages included in the Dexible budget. (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. Revenue Employee salaries and wages Travel expenses other expenses Fixed Element per Month $ 62,000 $ 41,000 Variable Element per Customer Served $ 6,600 $ 2,300 Actual Total for May $213,500 $ 141,100 $ 15,700 $ 38,900 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. 3. What amount of travel expenses would be included in Adger's flexible budget for May? www 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: Revenue Employee salaries and wages Travel expenses Other expenses Fixed Element per Month $ 62,000 $ 41,000 Amount of other expenses Variable Element per Customer Served $6,600 $ 2,300 $ 540 Actual Total for May $ 213,500 $ 141, 100 $ 15,700 $ 38,900 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. 4. What amount of other expenses would be included in Adger's flexible budget for May? 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: Revenue Employee salaries and wages Travel expenses Other expenses Variable Element Fixed Element per per Customer Month $ 62,000 Served $ 6,600 $ 2,300 $ 540 Net operating income 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. 5. What net operating Income would appear in Adger's flexible budget for May? Actual Total for May $ 213,500 $141,100 $ 15,700 $ 38,900 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: Revenue Employee salaries and wages Travel expenses Other expenses Fixed Element per Month $ 62,000 $ 41,000 Variable Element per Customer Served $6,600 $ 2,300 $ 540 Revenue variance Actual fotal for May $ 213,500 $ 141,100 $15,700 $ 38,900 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. 6. What is Adger's revenue variance for May? Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero varience), Input all amounts as positive values. 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: Revenue Employee salaries and wages Travel expenses Other expenses Fixed Element per Month $ 62,000 $ 41,000 Variable Element per Customer Served $ 6,600 $ 2,300 $ 540 Spending variance Actual Total for Hay $ 213,500 $ 141,100 $ 15,700 $ 38,900 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. 7. What is Adger's employee salaries and wages spending variance for May? Note: 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. ok nt ences 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: Revenue Employee salaries and wages Travel expenses Other expenses Fixed Element per Month $ 62,000 Spending variance Variable Element per Customer Served $6,600 $ 2,300 $ 540 Actual Total for May $213,500 $141,100 $ 15,700 $ 38,900 $ 41,000 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. 8. What is Adger's travel expenses spending variance for May? Note: 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. 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 $ 62,000 $ 41,000 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. Revenue Employee salaries and wages Travel expenses Other expenses Variable Element per Customer Served $ 6,600 $ 2,300 $ 540 Spending variance Actual Total for May $ 213,500 $141,100 $ 15,700 $ 38,900 9. What is Adger's other expenses spending variance for May? Note: 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. 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: Revenue Employee salaries and wages Travel expenses Other expenses Fixed Element per Month $ 62,000 $ 41,000 Amount of revenue included in the planning budget Variable Element per Customer Served $6,600 $ 2,300 $ 540 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. 10. What amount of revenue would be included in Adger's planning budget for May? Actual Total for. May $ 213,500 $ 141,100 $15,700 $ 38,900 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: Revenue Employee salaries and wages Travel expenses Other expenses Fixed Element per Month $ 62,000 $ 41,000 Variable Element per Customer Served $6,600 $ 2,300 $ 540 Actual Total for May $ 213,500 $ 141,100 $ 15,700 $38,900 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. 11. What amount of employee salaries and wages would be included in Adger's planning budget for May? Amount of employees salanes and wages included in the planning budget 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: Revenue Employee salaries and wages Travel expenses Other expenses Variable Element Fixed Element per per Customer Month $ 62,000 $ 41,000 Served $6,600 $2,300 $540 Actual Total for May $213,500 $ 141,100 $15,700 $ 38,900 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. Amount of travel expenses included in the planning budget 12. What amount of travel expenses would be included in Adger's planning budget for May? 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: Revenue Employee salaries and wages Travel expenses Other expenses Variable Element per Customer Served $ 6,600 $2,300 $ 540 Fixed Element per Month $ 62,000 $41,000 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. Actual Total for May $ 213,500 $ 141,100 $ 15,700 $38,900 Amount of other expenses 13. What amount of other expenses would be included in Adger's planning budget for May? [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: Variable Element Fixed Element per per Customer Month $ 62,000 $ 41,000 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. Revenue Employee salaries and wages Travel expenses Other expenses Served $6,600 $2,300 $540 Activity vanance Actual Total for May $ 213,500 $ 141,100 $ 15,700 $ 38,900 14. What activity variance would Adger report in May with respect to its revenue? Note: 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. [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: Revenue Employee salaries and wages. Travel expenses Other expenses Fixed Element per Month $ 62,000 $ 41,000 Employee salaries and wages Travel expenses Other expenses Variable Element per Customer Served $6,600 $2,300 $ 540 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. Actual Total for May $ 213,500 $ 141,100 $ 15,700 $ 38,900 15. What activity variances would Adger report with respect to each of its expenses for May? Note: 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 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 $6,600 $ 2,300 3.540 Revenue Employee salaries and wages Travel expenses other expenses Fixed Element per Month $ 62,000 $. 41,000 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. Actual Total for May $ 213,500 $ 141,100 $ 15,700 $ 38,900 Required: 1. What amount of revenue would be included in Adger's flexible budget for May? Amount of revenue included in the flexible budget 05 points eBook Print References 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 $6,600 $ 2,300 $540 Fixed Element per Month $ 62,000 $ 41,000 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. Revenue Employee salaries and wages Travel expenses Other expenses Actual Total for May $ 213,500 $ 141,100 $15,700 $ 38,900 2. What amount of employee salaries and wages would be included in Adger's flexible budget for May? Amount of employee salaries and wages included in the Dexible budget. (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. Revenue Employee salaries and wages Travel expenses other expenses Fixed Element per Month $ 62,000 $ 41,000 Variable Element per Customer Served $ 6,600 $ 2,300 Actual Total for May $213,500 $ 141,100 $ 15,700 $ 38,900 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. 3. What amount of travel expenses would be included in Adger's flexible budget for May? www 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: Revenue Employee salaries and wages Travel expenses Other expenses Fixed Element per Month $ 62,000 $ 41,000 Amount of other expenses Variable Element per Customer Served $6,600 $ 2,300 $ 540 Actual Total for May $ 213,500 $ 141, 100 $ 15,700 $ 38,900 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. 4. What amount of other expenses would be included in Adger's flexible budget for May? 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: Revenue Employee salaries and wages Travel expenses Other expenses Variable Element Fixed Element per per Customer Month $ 62,000 Served $ 6,600 $ 2,300 $ 540 Net operating income 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. 5. What net operating Income would appear in Adger's flexible budget for May? Actual Total for May $ 213,500 $141,100 $ 15,700 $ 38,900 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: Revenue Employee salaries and wages Travel expenses Other expenses Fixed Element per Month $ 62,000 $ 41,000 Variable Element per Customer Served $6,600 $ 2,300 $ 540 Revenue variance Actual fotal for May $ 213,500 $ 141,100 $15,700 $ 38,900 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. 6. What is Adger's revenue variance for May? Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero varience), Input all amounts as positive values. 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: Revenue Employee salaries and wages Travel expenses Other expenses Fixed Element per Month $ 62,000 $ 41,000 Variable Element per Customer Served $ 6,600 $ 2,300 $ 540 Spending variance Actual Total for Hay $ 213,500 $ 141,100 $ 15,700 $ 38,900 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. 7. What is Adger's employee salaries and wages spending variance for May? Note: 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. ok nt ences 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: Revenue Employee salaries and wages Travel expenses Other expenses Fixed Element per Month $ 62,000 Spending variance Variable Element per Customer Served $6,600 $ 2,300 $ 540 Actual Total for May $213,500 $141,100 $ 15,700 $ 38,900 $ 41,000 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. 8. What is Adger's travel expenses spending variance for May? Note: 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. 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 $ 62,000 $ 41,000 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. Revenue Employee salaries and wages Travel expenses Other expenses Variable Element per Customer Served $ 6,600 $ 2,300 $ 540 Spending variance Actual Total for May $ 213,500 $141,100 $ 15,700 $ 38,900 9. What is Adger's other expenses spending variance for May? Note: 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. 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: Revenue Employee salaries and wages Travel expenses Other expenses Fixed Element per Month $ 62,000 $ 41,000 Amount of revenue included in the planning budget Variable Element per Customer Served $6,600 $ 2,300 $ 540 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. 10. What amount of revenue would be included in Adger's planning budget for May? Actual Total for. May $ 213,500 $ 141,100 $15,700 $ 38,900 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: Revenue Employee salaries and wages Travel expenses Other expenses Fixed Element per Month $ 62,000 $ 41,000 Variable Element per Customer Served $6,600 $ 2,300 $ 540 Actual Total for May $ 213,500 $ 141,100 $ 15,700 $38,900 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. 11. What amount of employee salaries and wages would be included in Adger's planning budget for May? Amount of employees salanes and wages included in the planning budget 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: Revenue Employee salaries and wages Travel expenses Other expenses Variable Element Fixed Element per per Customer Month $ 62,000 $ 41,000 Served $6,600 $2,300 $540 Actual Total for May $213,500 $ 141,100 $15,700 $ 38,900 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. Amount of travel expenses included in the planning budget 12. What amount of travel expenses would be included in Adger's planning budget for May? 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: Revenue Employee salaries and wages Travel expenses Other expenses Variable Element per Customer Served $ 6,600 $2,300 $ 540 Fixed Element per Month $ 62,000 $41,000 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. Actual Total for May $ 213,500 $ 141,100 $ 15,700 $38,900 Amount of other expenses 13. What amount of other expenses would be included in Adger's planning budget for May? [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: Variable Element Fixed Element per per Customer Month $ 62,000 $ 41,000 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. Revenue Employee salaries and wages Travel expenses Other expenses Served $6,600 $2,300 $540 Activity vanance Actual Total for May $ 213,500 $ 141,100 $ 15,700 $ 38,900 14. What activity variance would Adger report in May with respect to its revenue? Note: 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. [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: Revenue Employee salaries and wages. Travel expenses Other expenses Fixed Element per Month $ 62,000 $ 41,000 Employee salaries and wages Travel expenses Other expenses Variable Element per Customer Served $6,600 $2,300 $ 540 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. Actual Total for May $ 213,500 $ 141,100 $ 15,700 $ 38,900 15. What activity variances would Adger report with respect to each of its expenses for May? Note: 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
Expert Answer:
Answer rating: 100% (QA)
1 To calculate the revenue that would be included in Adgers flexible budget for May we need to multiply the variable element per customer served by the actual number of customers served Revenue Variab... View the full answer
Related Book For
Managerial Accounting for Managers
ISBN: 978-1259578540
4th edition
Authors: Eric Noreen, Peter Brewer, Ray Garrison
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