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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

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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: 200 $ 84,000 Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (q) Revenue ($420.00) Expenses: Wages and salaries ($11,900 + $120.889) Supplies ($4.009) Equipment rental ($2,400 + $24.009) Insurance ($3,900) Miscellaneous ($530 + $1.469) Total expense Net operating income 35,900 800 7,200 3,900 822 48,622 $ 35, 378 During May, the company's actual activity was 190 diving-hours

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