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Net Operating Income: Puget Sound Divers S a company that provides diving services such as underwater Ship repairs to Clients in the Puget Sound area,
Net Operating Income:
Puget Sound Divers S 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 (q) Revenue Expenses: Wages and salaries (SII ,700 + S122,ooq) Supplies ($4.00q) Equipment rental (S2.300 * $23.00q) Insurance ($3,900) Miscellaneous ($530 Sl.44q) Total expense Net operating income Required: 36.100 6,900 3,900 '8,518 s 39,482 During May, the company's activity was actually 190 divinghours. Complete the following flexible budget for that level Of activity, (Round your final answer to nearest dollar amount) Flexible Budget Expenses, Wages and salaries Supplies EquVnent rental Insurance Miscellaneous Total
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