part 1.

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 divinghours (q) 360 Revenue ($466.68q) 5 128,660 Expenses: \"ages and salaries ($11,260 + $126.66q) 49,660 Supplies (353.665,!) 960 Equipment rental {$2,488 + $22.66q] 9,660 Insurance ($3,866) 3,360 Miscellaneous ($536 + $1.45q) 968 Total expense 63,668 Net operating income 5 56,332 During May, the company's actual activity was 290 divinghours- Required: Prepare a exible budget for May. (Round your answers to the nearest whole number.) Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses in its budgeting and performance reportsthe number ofcourses and the total number of students. For example. the school might run two courses in a month and have a total ofl students enrolled in those two courses. Data concerning the companfs cost formulas appear below. Find Cos-l: per Cost per Cost per Month Course Student Instructor wages $ 2,933 Classroom supplies 5 2:53 Utilities .5 1,259 3 1'9 Carrpus rent $ 4,533 Insurance .5 2,1IEIEt Administrative expenses $ 4,tEl $ 43 i 4 For example. administrative expenses should be $4.600 per morrth plus $43 per course plus $4- per student. The company's sales should average $900 per student. The companyr planned to run four courses with a total of I51 students: however. it actually ran four courses with a total of only 59 students. The actual operating results for September were as follows: letual Revenue 3 52,333 Instructor wages S 11,HB Classroom supplies 3 15,?19 Utilities $ 1,943 Campus rent .5 4,539 Insurance $ 2,243 Mministrative expenses .5 3,342 Required: Prepare a flexible budget performance report that shows both revenue and spending variances and activity variances for September. [Indicate the el'l'eet. of each verlenoe by selecting "F\" for favorable. "U\" for unfavorable. end 'None' for no effect. the... zero verlenoe}. Input all amount: as positive values.) ------ m_ m ----- _ -----