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clearing picture of the planning budget Exercise 9-1 Prepare a Flexible Budget (L09-11 Puget Sound Divers is a company that provides diving services such as

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Exercise 9-1 Prepare a Flexible Budget (L09-11 Puget Sound Divers is a company that provides diving services such as underwater si reparto clients in the Puget Sound area The company's planning budget for May appears below Sound Divers Planning but ht Vinhos (e) evenue (1460) ws Witalari (511, 0.510 13 Supplies (1) 1,050 tantral (17.400.00 Insurance (14,700) 4,200 Misc (10.11.15) 1.04 Neperating in 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 dolar) Puget Sound Divers Flexible Budget During May, the company's actual activity was 340 diving hours: Required: Prepare a flexible budget for May. (Round your answers to the nearest whole dollar) 47.25 Puget Sound Divers Flexible Budget For the Month Ended May 31 OOK Reven Expenses Wages and sales Supplies Equipment rental instance Micelangor 0 Total expense Nut operating come 5 0 ruyet Sound Divers is a company mat provides diving services such as underwater shi The company's planning budget for May appears below: Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (9) 350 $161,000 Revenue ($460.009) Expenses: Wages and salaries ($11,300 + $120.00) Supplies ($3.009) Equipment rental ($2,400 + $25.009) Insurance ($4,200) Miscellaneous ($530 + $1.489) Total expense Net operating income 53,300 1,050 11,150 4,200 1,048 70,748 $ 90,252 During May, the company's actual activity was 340 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 Ented May 21

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