None !Required Information[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. Thecompany provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actualresults for May as shown below:Fixed Element perMonthRevenueEmployee salaries and wages$ 58,000Travel expensesOther expenses$ 37,000Variable Elementper CustomerServed$ 6,000$ 1,900$ 500Actual Total forMay$ 194,500$ 123,500$ 14,700$ 35,300When preparing its planning budget the company estimated that it would serve 30 customers per month; however, duringMay 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 (l.e., zerovariance). Input all amounts as positive values.Revenue variance

Revenue and spending variance is the difference between actual results and flexible budget data.…

[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 calacier and wager Fixed Element per Month € 58 aga Variable Element per Customer Served $ 6,000 $1.990 Actual Total for May $ 194,500 $ 122 500

[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 calacier and wager Fixed Element per Month € 58 aga Variable Element per Customer Served $ 6,000 $1.990 Actual Total for May $ 194,500 $ 122 500

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter7: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 42E: Sales Revenue Approach, Variable Cost Ratio, Contribution Margin Ratio Arberg Companys controller...

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