Question
In: Accounting
Adger Corporation is a service company that measures its output based on the number of customers...
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 | $ | 6,600 | $ | 213,500 | |||
| Employee salaries and wages | $ | 62,000 | $ | 2,300 | $ | 141,100 | |
| Travel expenses | $ | 540 | $ | 15,700 | |||
| Other expenses | $ | 41,000 | $ | 38,900 | |||
|
9. What is Adger’s other expenses spending variance for May? 10. What amount of revenue would be included in Adger’s planning budget for May? 11. What amount of employee salaries and wages would be included in Adger’s planning budget for May? 12. What amount of travel expenses would be included in Adger’s planning budget for May? 13. What amount of other expenses would be included in Adger’s planning budget for May? |
|||||||
Solutions
ekkarill92 answered 1 year agoRelated Solutions
Adger Corporation is a service company that measures its output based on the number of customers...
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 June as shown
below:
Fixed Element
per Month
Variable Element per Customer Served
Actual Total
for May
Revenue
$
5,900
$
216,500
Employee salaries and wages
$
66,000
$
1,300
$
116,200
Travel expenses
$
580
$
19,700
Other expenses
$
45,000...
Adger Corporation is a service company that measures its output based on the number of customers...
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
$
5,400
$
226,000
Employee salaries and wages
$
61,000
$
2,200
$
158,700
Travel expenses
$
530
$
20,700
Other expenses
$
40,000...
Adger Corporation is a service company that measures its output based on the number of customers...
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
$
6,600
$
213,500
Employee salaries and wages
$
62,000
$
2,300
$
141,100
Travel expenses
$
540
$
15,700
Other expenses
$
41,000...
Adger Corporation is a service company that measures its output based on the number of customers...
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
$
5,300
$
199,500
Employee
salaries and wages
$
52,000
$
1,300
$
103,600
Travel
expenses
$
700
$
25,800
Other
expenses
$
31,000...
Adger Corporation is a service company that measures its output based on the number of customers...
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
$5,000
$160,000
Employee salaries and wages
$50,000
$1,100
$88,000
Travel expenses
$600
$19,000
Other expenses
$36,000
$34,500
When preparing its planning budget the company...
Adger Corporation is a service company that measures its output based on the number of customers...
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
$
6,600
$
213,500
Employee salaries and wages
$
62,000
$
2,300
$
141,100
Travel expenses
$
540
$
15,700
Other expenses
$
41,000...
Adger Corporation is a service company that measures its output based on the number of customers...
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
$
6,100
$
223,500
Employee salaries and wages
$
68,000
$
1,500
$
126,000
Travel expenses
$
600
$
20,400
Other expenses
$
47,000...
Adger Corporation is a service company that measures its output based on the number of customers...
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
$
5,700
$
209,500
Employee salaries and
wages
$
64,000
$
1,100
$
106,400
Travel expenses
$
560
$
19,000...
Adger Corporation is a service company that measures its output based on the number of customers...
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
$
5,700
$
209,500
Employee salaries and wages
$
64,000
$
1,100
$
106,400
Travel expenses
$
560
$
19,000
Other expenses
$
43,000...
ABC Corporation is a service company that measures its output based on the number of customers...
ABC 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:
Fixed amount per month Variable amount per customer
Revenue $5,000
Payroll cost $50,000 $1,100
Travel expenses $600
Admin expenses $36,000 $500
Other expenses $10,000 $200
When preparing its planning budget, the company estimated that
it would serve 60 customers per month; however, during April the
company actually...
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