Homework Answers
| Flexible Budget | ||||||
| Actual activity | 340 | |||||
| Revenue | (340*470) | 159800 | ||||
| Expenses: | ||||||
| Wages & salaries | (11,100+340*122) | 52580 | ||||
| Supplies | (340*4) | 1360 | ||||
| Equipment rental | (2,100+340*24) | 10260 | ||||
| insurance | 4,100 | |||||
| miscellaneous | (530+1.5*340) | 1040 | ||||
| Total expense | 69340 | |||||
| net operating income | 90460 | |||||
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Puget Sound Divers is a company that provides diving services such as underwater ship repairs to...
Puget Sound Divers is a company that provides diving services such as underwater ship repairs to...
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 (q)
300
Revenue
($420.00q)
$
126,000
Expenses:
Wages and
salaries ($11,400 + $122.00q)
48,000
Supplies
($6.00q)
1,800
Equipment rental
($2,100 + $24.00q)
9,300
Insurance
($4,100)
4,100
Miscellaneous
($540 + $1.48q)
984
Total
expense
64,184
Net operating
income...
Puget Sound Divers is a company that provides diving services such as underwater ship repairs to...
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 (q) 350 $164,500 Revenue ($470.00q) Expenses: Wages and salaries ($11,900 + $120.00) Supplies ($3.00g) Equipment rental ($2,200 + $22.009) Insurance ($4,100) Miscellaneous ($510 + $1.489) Total expense 53,900 1,050 9,900 4,100 1,028 69,978 $ 94,522 Net operating...
Puget Sound Divers is a company that provides diving services such as underwater ship repairs to...
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 (9) 350 $164,500 Revenue ($470.009) Expenses: Wages and salaries ($11,600 + $124.009) Supplies ($3.009) Equipment rental ($2,400 + $24.009) Insurance ($3,900) Miscellaneous ($530 + $1.509) Total expense Net operating income 55,000 1,050 10,800 3,900 1,055 71,805 $...
Puget Sound Divers is a company that provides diving services such as underwater ship repairs to...
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 (q) 200 Revenue ($430.00q) $ 86,000 Expenses: Wages and salaries ($11,300 + $122.00q) 35,700 Supplies ($4.00q) 800 Equipment rental ($2,100 + $24.00q) 6,900 Insurance ($3,900) 3,900 Miscellaneous ($500 + $1.48q) 796 Total expense 48,096 Net operating income...
Puget Sound Divers is a company that provides diving services such as underwater ship repairs to...
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 (9) Revenue ($470.000) 350 $164,500 54,500 Expenses: Wages and salaries ($11,100 + $124.00) Supplies ($6.00) Equipment rental ($2,200 + $20.00) Insurance ($3,900) Miscellaneous ($540 + $1.50) 2.100 9,200 3,900 1,065 Total expense 70,765 Net operating income $93,735...
Puget Sound Divers is a company that provides diving services such as underwater ship repairs to...
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 (q) 300 Revenue ($480.00g) $144,000 Expenses: Wages and salaries ($11,300 + $122.00q) Supplies ($6.00g) Equipment rental ($2,500 + $26.00g) Insurance ($3,900) Miscellaneous ($500 + $1.46q) Total expense 47,900 1,800 10,300 3,900 938 64,838 $ 79,162 Net operating...
Puget Sound Divers is a company that provides diving services such as underwater ship repairs to...
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 31 400 Budgeted diving-hours (q) Revenue ($460.00q) $184,000 Expenses: Wages and salaries ($11,300 + $126.00q) Supplies ($4.00q) Equipment rental ($2,200 $26.00q) Insurance ($3,800) Miscellaneous ($510 + $1.48q) Total expense 61,700 1,600 12,600 3,800 1,102 80,802 $103,198 Net operating income During...
Puget Sound Divers is a company that provides diving services such as underwater ship repairs to...
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 (q) 200 Revenue ($410.00q) Expenses: 82,000 Wages and salaries ($11,100 + $122.00q) Supplies ($6.00q) Equipment rental ($2,000 $20.00q) Insurance ($4,000) Miscellaneous ($510 + $1.48q) 35,500 1,200 6,000 4,000 806 47,506 $ 34,494 Total expense Net operating income...
Puget Sound Divers is a company that provides diving services such as underwater ship repairs to...
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 (q) 300 Revenue ($470.00q) $ 141,000 Expenses: Wages and salaries ($12,000 + $128.00q) 50,400 Supplies ($4.00q) 1,200 Equipment rental ($2,100 + $22.00q) 8,700 Insurance ($3,900) 3,900 Miscellaneous ($520 + $1.50q) 970 Total expense 65,170 Net operating income...
Puget Sound Divers is a company that provides diving services such as underwater ship repairs to...
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 (q) 350 Revenue ($420.00q) $ 147,000 Expenses: Wages and salaries ($11,700 + $128.00q) 56,500 Supplies ($5.00q) 1,750 Equipment rental ($2,400 + $24.00q) 10,800 Insurance ($3,800) 3,800 Miscellaneous ($510 + $1.46q) 1,021 Total expense 73,871 Net operating income...
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 (q)
300
Revenue
($420.00q)
$
126,000
Expenses:
Wages and
salaries ($11,400 + $122.00q)
48,000
Supplies
($6.00q)
1,800
Equipment rental
($2,100 + $24.00q)
9,300
Insurance
($4,100)
4,100
Miscellaneous
($540 + $1.48q)
984
Total
expense
64,184
Net operating
income...
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 (q) 350 $164,500 Revenue ($470.00q) Expenses: Wages and salaries ($11,900 + $120.00) Supplies ($3.00g) Equipment rental ($2,200 + $22.009) Insurance ($4,100) Miscellaneous ($510 + $1.489) Total expense 53,900 1,050 9,900 4,100 1,028 69,978 $ 94,522 Net operating...
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 (9) 350 $164,500 Revenue ($470.009) Expenses: Wages and salaries ($11,600 + $124.009) Supplies ($3.009) Equipment rental ($2,400 + $24.009) Insurance ($3,900) Miscellaneous ($530 + $1.509) Total expense Net operating income 55,000 1,050 10,800 3,900 1,055 71,805 $...
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 (9) Revenue ($470.000) 350 $164,500 54,500 Expenses: Wages and salaries ($11,100 + $124.00) Supplies ($6.00) Equipment rental ($2,200 + $20.00) Insurance ($3,900) Miscellaneous ($540 + $1.50) 2.100 9,200 3,900 1,065 Total expense 70,765 Net operating income $93,735...
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 (q) 300 Revenue ($480.00g) $144,000 Expenses: Wages and salaries ($11,300 + $122.00q) Supplies ($6.00g) Equipment rental ($2,500 + $26.00g) Insurance ($3,900) Miscellaneous ($500 + $1.46q) Total expense 47,900 1,800 10,300 3,900 938 64,838 $ 79,162 Net operating...
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 31 400 Budgeted diving-hours (q) Revenue ($460.00q) $184,000 Expenses: Wages and salaries ($11,300 + $126.00q) Supplies ($4.00q) Equipment rental ($2,200 $26.00q) Insurance ($3,800) Miscellaneous ($510 + $1.48q) Total expense 61,700 1,600 12,600 3,800 1,102 80,802 $103,198 Net operating income During...
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 (q) 200 Revenue ($410.00q) Expenses: 82,000 Wages and salaries ($11,100 + $122.00q) Supplies ($6.00q) Equipment rental ($2,000 $20.00q) Insurance ($4,000) Miscellaneous ($510 + $1.48q) 35,500 1,200 6,000 4,000 806 47,506 $ 34,494 Total expense Net operating income...
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