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The company's planning budget for May appears below: Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (9) Revenue ($450.009) Expenses:
The company's planning budget for May appears below: Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (9) Revenue ($450.009) Expenses: Wages and salaries ($11,700 + $128.009) Supplies ($4.009) Equipment rental ($2,400 + $25.009) Insurance ($4,000) Miscellaneous ($540 +$1.44q) Total expense Net operating income 200 $ 90,000 37,300 800 7,400 4,000 828 58,328 $ 39,672 During May, the company's actual activity was 190 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole dollar.) Answer is not complete. Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue $ 90.000 Expenses: Wages and salaries 37,300x Supplies 800 X Equipment rental 7,400 x Insurance 4,000 Miscellaneous 828
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