1 answer

KO Saved HelpS [The following information applies to the questions displayed below. Adger Corporation is a...

Question:

KO Saved HelpS [The following information applies to the questions displayed below. Adger Corporation is a service company th
KO Saved HelpS [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. Bevande Employee salaries and wagen Travel expenses Other expenses Fixed Element Variable Element Actual per p er Customer Total Month Served for May $ 5,000 S 150.000 $50,000 $ 1,100 S88,000 $ 600 $19.000 $36.000 34,500 when preparing is planning budget the company estimated that it would serve 30 customers per month: however, during May the company actually served 35 customers What amount of employee salaries and wages would be included in Adgers planning budget for May and wage included in the planne bude

Answers

Amount of employees salaries and wages included in planning budet = $       83,000
Workings:
Amount of employees salaries and wages included in planning budet:
[$50000 + ($1100 X Estimeted number of customers)]
[$50000 + ($1100 X 30)]
[$50000 + $33000]
$                                                                                                                                  83,000

If it is helpful, please rate the answer and if any doubt arises let me know

.

Similar Solved Questions

1 answer
Johnson Company's budgeted sales and direct materials purchases are as follows: Budgeted Sales Budgeted D.M. Purchases...
Johnson Company's budgeted sales and direct materials purchases are as follows: Budgeted Sales Budgeted D.M. Purchases _________________________________________________________________________________ January $251,000 $35,100 February $282,800 $40,100 March $342,600 $46,700 Johnson's sales ...
1 answer
What is the pH of a salt solution prepared by dissolving 0.01368 moles of BaX2 in...
What is the pH of a salt solution prepared by dissolving 0.01368 moles of BaX2 in enough water to form 38.00 mL of solution? The Ka of HX is 8.4 10-7....
1 answer
A pendulum clock is accurate on earth, where the period of its pendulum is 1.00 s....
A pendulum clock is accurate on earth, where the period of its pendulum is 1.00 s. (a) Find its period on the moon, where gravitational acceleration is 1.6 m/s2. (b) During a 2 h interval, what would be the elapsed time shown on the clock?...
1 answer
2.2.10 Find an equation of the line with the given y-intercept and slope m. - 16,...
2.2.10 Find an equation of the line with the given y-intercept and slope m. - 16, m= -4 The equation of the line is (Type your answer in slope-intercept form. Simplify your answer. Use integers or fractions for any numbers in the expression.)...
1 answer
A disk of mass m radius R, and area A has a su tace mass de sity Ơ(r - where r is the distance rr...
A disk of mass m radius R, and area A has a su tace mass de sity Ơ(r - where r is the distance rrom the center or the disk to a specific point on the disk see the follo ino rigure what is the moment or inertia or the disk about an axis through the center? Use AR the following as necessary: m an...
1 answer
Willie Company sells 32,000 units at $25 per unit. Variable costs are $14.25 per unit, and...
Willie Company sells 32,000 units at $25 per unit. Variable costs are $14.25 per unit, and fixed costs are $175,400. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. a. Contribution margin ratio (Enter as a whole number.) % b. Unit contri...
1 answer
A Runway 84 Restaurant reported the following current assets: cash $12,000.00, credit card receivables $1,800.00, accoun...
A Runway 84 Restaurant reported the following current assets: cash $12,000.00, credit card receivables $1,800.00, accounts receivable $180.00, food inventory $4,400.00, and prepaid expenses, $1,120.00. Total current liabilities are $7,800.00. Calculate its current and acid-test ratios RESPECTIVELY....
6 answers
James has an assigned seat for his flight to Denver
James has an assigned seat for his flight to Denver. The seats on the plane are numbered 1-49. James's seat number is an odd number greater than 10 that is factor of 100. what is his seat number for the flight?...
1 answer
Suppose that the walking step lengths of adult males are normally distributed with a mean of...
Suppose that the walking step lengths of adult males are normally distributed with a mean of 2.4 feet and a standard deviation of 0.3 feet. A sample of 34 men’s step lengths is taken. (a) Find the probability that an individual man’s step length is less than 2.1 feet. (b) Find the probab...
1 answer
Please answer all parts The future caring, dividends, and common stock price of Callahan Technologies Inc....
please answer all parts The future caring, dividends, and common stock price of Callahan Technologies Inc. we expected to grow 7 per year Callahan's common stock currently sels for $22-25 per shares last dividend was $2.00and will pay a $2.14 dividend the end of the current year Using the...
1 answer
EBook 1. You have saved $5,000 for a down payment on a new car. The largest...
eBook 1. You have saved $5,000 for a down payment on a new car. The largest monthly payment you can afford is $400. The loan will have an 11% APR based on end-of-month payments. What is the most expensive car you can afford if you finance it for 48 months? Do not round intermediate calculations. Ro...
1 answer
Chapter 4 - Graded Discussion The Chapter 4 discussion is found in the "TIF" Take It...
Chapter 4 - Graded Discussion The Chapter 4 discussion is found in the "TIF" Take It Further section in the back of the chapter. Please see TIF 4-3, where it reads, "Your friend, Daniel Nat, recently began work as the lead accountant for the Asheville Company. Dan prepared the following ...
1 answer
9) According to the Solow model, an increase in the capital-labor ratio will A) always reduce...
9) According to the Solow model, an increase in the capital-labor ratio will A) always reduce steady state consumption per worker. B) always increase steady state consumption per worker. C) reduce steady state consumption per worker if the capital-labor ratio is below the Golden rule capital stock. ...
1 answer
A consumer lives three periods, called the learning period, the working period, and the retirement period....
A consumer lives three periods, called the learning period, the working period, and the retirement period. Her income is 50 during the learning period, 1200 during the working period, and 300 during the retirement period. The consumer's initial assets are 100. The real interest rate is zero. The...
1 answer
For the reaction CaCO, + 2 NaNO Na,CO, + Ca(NO,)2 how many grams of calcium nitrate,...
For the reaction CaCO, + 2 NaNO Na,CO, + Ca(NO,)2 how many grams of calcium nitrate, Ca(NO3)2, are needed to react completely with 53.7 g of sodium carbonate, Na CO,? mass...
1 answer
Business Ethics----> What is money? How have complex societies developed and used it? Money is not...
Business Ethics----> What is money? How have complex societies developed and used it? Money is not a capitalist invention. If you don’t have a currency, what is used to exchange things of value? What is capitalism (hint: it is not a political system). When did it arise and why? What doe...