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 (g) 350 Revenue ($440.00g) Expenses : Wages and salaries ($12,000$124.00g) Supplies ($6.00g) Equipment rental ($2,400 $25.00g) Insurance ($4, 100) Miscellaneous ($510 $1.46g) 55.400 2,100 11,150 4,100 1,021 73.771 $ 80,229 Total expense Net operating income During May, the company's actual activity was 340 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 Budgeted diving-hours Revenue Expenses Wages and salaries Supplies Fesinment rantal 1 of 4 Next > Prev |