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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
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 (q) Revenue ($390.00g) Expenses Wages and salaries ($11,300 +$128.00g) Supplies ($5.00g) Equipment rental ($2,300 +$25.00g) Insurance ($4,100) Miscellaneous ($510 + $1.42q) Total expense Net operating income 200 $ 78,000 36,900 1,000 7,300 4,100 794 50,094 $ 27,906 During May, the company's actual activity was 190 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 Revenue Expenses: Wages and salaries Supplies
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