Adger Corporation is a service company that measures its output based on the number of...
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Accounting
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 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 $ $
Employee salaries and wages $ $ $
Travel expenses $ $
Other expenses $ $
When preparing its planning budget, the company estimated it would serve customers per month; however, during May the company actually served customers.
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