Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (q) 300 Revenue ($390.00g) Expenses: Wages and salaries ($11,700 + $126.00g) Supplies ($5.00g) Equipment rental...

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Puget Sound Divers<br>Planning Budget<br>For the Month Ended May 31<br>Budgeted diving-hours (q)<br>300<br>Revenue ($390.00g)<br>Expenses:<br>Wages and salaries ($11,700 + $126.00g)<br>Supplies ($5.00g)<br>Equipment rental ($2,300 + $22.00g)<br>Insurance ($3,900)<br>Miscellaneous ($510 + $1.46g)<br>Total expense<br>$117,000<br>49,500<br>1,500<br>8,900<br>3,900<br>948<br>64,748<br>$ 52,252<br>Net operating income<br>During May, the company's actual activity was 290 diving-hours.<br>Required:<br>Prepare a flexible budget for May. (Round your answers to the nearest whole number.)<br>Puget Sound Divers<br>Flexible Budget<br>For the Month Ended May 31<br>Revenue<br>Expenses:<br>Wages and salaries<br>Supplies<br>Equipment rental<br>Insurance<br>Miscellaneous<br>Total expense<br>Net operating income<br>

Extracted text: Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (q) 300 Revenue ($390.00g) Expenses: Wages and salaries ($11,700 + $126.00g) Supplies ($5.00g) Equipment rental ($2,300 + $22.00g) Insurance ($3,900) Miscellaneous ($510 + $1.46g) Total expense $117,000 49,500 1,500 8,900 3,900 948 64,748 $ 52,252 Net operating income During May, the company's actual activity was 290 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 Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income

Jun 10, 2022

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Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (q) 300 Revenue ($390.00g) Expenses: Wages and salaries ($11,700 + $126.00g) Supplies ($5.00g) Equipment rental...

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