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Can someone help me compute the steps to this problem in a typed version. Thank you Puget Sound Divers is a company that provides diving
Can someone help me compute the steps to this problem in a typed version. Thank you
Puget Sound Divers is a company that provides diving services such as underwater ship repairs to clients in the Puget Sound area. The company's planning budget for May appears below: Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (9) 400 $164,000 Revenue ($410.009) Expenses: Wages and salaries ($11,900 + $126.609) Supplies ($5.009) Equipment rental ($2,100 + $21.009) Insurance ($3,900) Miscellaneous ($540 + $1.449) Total expense Net operating income 62,300 2,000 10,500 3,900 1,116 79,816 $ 84, 184 During May, the company's actual activity was 390 diving-hours. During May, the company's actual activity was 390 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole number.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Actual diving-hours 390 Revenue $ 159,900 Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income 0 GA $ 159,900
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