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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 ($450.00q) Expenses: Wages and salaries ($11,600 +$124.00q) Supplies ($3.009) Equipment rental ($2,500 +$24.00q) Insurance ($3,800) Miscellaneous ($510 + $1.50q) Total expense Net operating income 300 $135,000 48,800 900 9,700 3,800 960 64,160 $ 70,840 During May, the company's actual activity was 290 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole number.) Puget Sound Divers Flexible Rudnct
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