Puget Sound Divers is a company that provides diving services such as underwater ship repairs to...
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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) Revenue ($430.009) Expenses: Wages and salaries ($11,900 + $128.009) Supplies ($5.009) Equipment rental ($2,300+ $22.009) Insurance ($3,900) Miscellaneous ($540 + $1.44q) Total expense Net operating income 250 $ 107,500 43,900 1,250 7,800 3,900 900 57,750 $ 49,750 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 number.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income 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) Revenue ($430.009) Expenses: Wages and salaries ($11,900 + $128.009) Supplies ($5.009) Equipment rental ($2,300+ $22.009) Insurance ($3,900) Miscellaneous ($540 + $1.44q) Total expense Net operating income 250 $ 107,500 43,900 1,250 7,800 3,900 900 57,750 $ 49,750 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 number.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income
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