None 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 ElementVariable Elementper CustomerActual Total forper MonthServedMayRevenue$ 6,200$ 196,000Employee salaries and wages$ 69,000$ 1,600$122,900Travel expenses$ 610$ 17,700Other expenses$ 48,000$ 45,200When preparing its planning budget the company estimated that it would serve 30 customers per month; however, duringMay 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., zerovariance). Input all amounts as positive values.Spending variance

Spending variance is the difference between flexible budget expenses and actual results of…

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 Variable Element per Customer per Month $ 69,000 Served $ 6,200 $1,600 Actual Total for May $196,000 $ 122,900 $ 610 $ 17,700 $ 48,000 $ 45,200 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 (i.e., zero variance). Input all amounts as positive values. Spending variance