Question

wages and salaries was incorrect last time

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) Revenue ($450.00q) Еxpenses: Wages and salaries ($11,100+ $126.00q) Supplies ($6.00q) Equipment rental ($2,300+$20.00q) Insurance ($4,100) Miscellaneous ($500+ $1.48q) Total expense 200 $90,000 36,300 1,200 6,300 4,100 796 48,696 Net operating income $41,304 Required: During May, the company's activity was actually 190 diving-hours. Complete the following flexible budget for that level of activity. (Round your final answer to nearest dollar amount.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses Wages and salaries Supplies Equipment rental fot Insurance Miscellaneous Net Total expense 0 Net operating income amm 0 12 esc

Answer 1

Flexable Budget For the month of May 31 Particulars Driving hours Amount 190 $ 85,500 Revenue Expenses Wages and salaries Supplies Equipment rental Insurance Miscellaneus Total expenses Net operating income $ 35,040 $ 1,140 $ 6,100 $ 4,100 $ 781 $ 47,161 $ 38,339