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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) 200 Revenue ($470.00q) $ 94,000 Expenses: Wages and salaries ($11,000 + $122.00q) 35,400 Supplies ($3.00q) 600 Equipment rental ($2,200 + $23.00q) 6,800 Insurance ($3,900) 3,900 Miscellaneous ($540 + $1.46q) 832 Total expense 47,532 Net

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