Puget Sound Divers
Flexible Budget
For the Month Ended May 31
Actual diving hours | 340 |
Revenue |
$139,400 (340*$410) |
Expenses : |
|
Wages and salaries |
$54,040 [$11,200 + (340*$126)] |
Supplies | $1,360 (340*$4) |
Equipment rental | $9,540 [$2,400+ (340*$21) |
Insurance | $3,800 |
Miscellaneous | $1,023 [$520+(340*$1.48)] |
Total expense | $69,763 |
Net operating income |
$69,637 |
Exercise 9-1 Prepare a Flexible Budget [LO9-1] Puget Sound Divers is a company that provides diving...
Exercise 9-1 Prepare a Flexible Budget (LO9-1) 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) 250 $110,000 Revenue ($ 440.000) Expenses Wages and salaries ($11,300 + $120.00) Supplies ($4.000) Equipment rental ($2,400 - $20.000) Insurance (54,000) Miscellaneous ($550 + $1.489) Total expense Net operating...
Exercise 9-1 Prepare a Flexible Budget (LO9-1) 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) 250 $110,000 Revenue ($ 440.000) Expenses Wages and salaries ($11,300 + $120.00) Supplies ($4.000) Equipment rental ($2,400 - $20.000) Insurance (54,000) Miscellaneous ($550 + $1.489) Total expense Net operating...
Exercise 9-1 Prepare a Flexible Budget (LO9-1] 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) 250 $110,000 Revenue ($448.689) Expenses: Wages and salaries ($11,380 + $122.a) Supplies ($5.089) Equipment rental ($2,199 + $20.889) Insurance ($4, ese) Miscellaneous ($548 + $1.449) Total expense Net operating...
Exercise 9-1 Prepare a Flexible Budget [LO9-1] 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) 250 $102,500 Revenue $410.00g) Expenses: Wages and salaries ($11,300 $124.00g) Supplies $5.00g) Equipment rental ($2,000 + $22.00g) Insurance ($3,900) Miscellaneous ($510 $1.44q) Total expense 42,300 1,250 7,500 3,900 870...
Exercise 9-1 Prepare a Flexible Budget [LO9-1] 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 ($380.00q) $ 133,000 Expenses: Wages and salaries ($11,200 + $124.00q) 54,600 Supplies ($4.00q) 1,400 Equipment rental ($2,200 + $25.00q) 10,950 Insurance ($4,100) 4,100 Miscellaneous ($530 + $1.44q)...
Exercise 9-1 (Algo) Prepare a Flexible Budget (LO9-1] 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) 4ee $180, eee Revenue ($450.089) Expenses: Wages and salaries ($11, eee + $126.089) Supplies ($4.289) Equipment rental ($2,400 + $25.00) Insurance ($3,880) Miscellaneous ($528 + $1.449) Total expense...
Exercise 10-1 Prepare a Flexible Budget [LO10-1] 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: 300 $120,000 Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (9) Revenue ($420.00) Expenses: Wages and salaries ($12,000+ $126.009) Supplies ($5.009) Equipment rental ($2,200 + $24.000) Insurance ($4,000) Miscellaneous ($510 + $1.449) Total expense Net operating income 49,800...
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) 300 $ 138,000 Revenue ($460.00) Expenses! Wages and salaries ($11,100 + $128.00g) Supplies ($5.009) Equipment rental ($2,200 + $23.00) Insurance ($3,900) Miscellaneous ($540 + $1.489) Total expense Net operating income 49,500 1,500 9.100 3.900 984 64.984...
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) 400 $176.099 Revenue ($440.809) Expenses: Wages and salaries ($11,200 + $128.809) Supplies ($3.889) Equipment rental ($2,100 + $21.899) Insurance ($4,200) Miscellaneous ($530 + $1.489) Total expense 62,400 1,200 10,500 4,200 1,122 79,422 $ 96,578 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) 400 $188,000 Revenue (3470.009) Expenses: Wages and salaries ($11, 900 + $130.00g) Supplies ($5.00g) Equipment rental ($2,300 + $24.009) Insurance ($4,100) Miscellaneous (9510+ $1.489) Total expense Net operating income 63,900 2,000 11, 900 4,100 1,102 83,002...