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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 companys planning

Puget Sound Divers is a company that provides diving services such as underwater ship repairs to clients in the Puget Sound area. The companys planning budget for May appears below: Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (q) 250 Revenue ($390.00q) $ 97,500 Expenses: Wages and salaries ($12,000 + $122.00q) 42,500 Supplies ($5.00q) 1,250 Equipment rental ($2,100 + $25.00q) 8,350 Insurance ($4,000) 4,000 Miscellaneous ($520 + $1.48q) 890 Total expense 56,990

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