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250 $ 100,000 Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (g) Revenue ($400.000) Expenses: Wages and salaries ($11,800 +
250 $ 100,000 Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (g) Revenue ($400.000) Expenses: Wages and salaries ($11,800 + $120.00) Supplies ($6.009) Equipment rental ($2,400 + $ 21.00) Insurance ($3,900) Miscellaneous ($510 + $1.469) Total expense Net operating income 41,800 1,500 7,650 3,900 875 55,725 $ 44,275 During May, the company's actual activity was 240 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole dollar.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Budgeted diving-hours Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense 0
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