Solution
Puget Sound Divers | |
Flexible Budget | |
For the Month Ended May 31 | |
Actual diving hours | 290 |
Revenue | $ 133,400 |
Expenses: | |
Wages and salaries | $ 48,220 |
Supplies | $ 1,450 |
Equipment rental | $ 8,870 |
Insurance | $ 3,900 |
Miscellaneous | $ 969 |
Total expense | $ 63,409 |
Net operating income | $ 69,991 |
.Working
A= Variable portion | B= Fixed portion | C= Units | D=(C x A)+B | ||
Revenue | 460 | 290 | $ 133,400 | ||
Expenses: | 290 | ||||
Wages and salaries | 128 | 11100 | 290 | $ 48,220 | |
Supplies | 5 | 0 | 290 | $ 1,450 | |
Equipment rental | 23 | 2200 | 290 | $ 8,870 | |
Insurance | 0 | 3900 | 290 | $ 3,900 | |
Miscellaneous | 1.48 | 540 | 290 | $ 969 | |
Total expense | 290 | $ 63,409 | |||
Net operating income | 290 | $ 69,991 |
Puget Sound Divers is a company that provides diving services such as underwater ship repairs to clients in the Puget S...
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) 400 $168,000 Revenue ($ 420.00q) Expenses: Wages and salaries ($11,800 + $128.009) Supplies ($5.009) Equipment rental ($2,000 + $21.009) Insurance ($4,000) Miscellaneous ($540 + $1.449) Total expense Net operating income 63,000 2,000 10,400 4,000 1,116 80,516...
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...
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) 250 $100,000 Revenue ($400.00q) Expenses: Wages and salaries ($11,300 + $124.009) Supplies ($6.00q) Equipment rental ($2,400 + $21.009) Insurance ($4,000) Miscellaneous ($520 + $1.489) Total expense 42,300 1,500 7,650 4,000 890 56,340 $ 43,660 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) 250 $ 97,500 Revenue ($390.00) Expenses : Wages and salaries ($11,500 + $126.00) Supplies ($3.009) Equipment rental ($2,400 + $23.009) Insurance ($3,900) Miscellaneous ($530 + $1.429) Total expense Net operating income 43,000 750 8,150 3,900 885...
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 (9) 250 $112,500 Revenue ($ 450.009) Expenses: Wages and salaries ($11,600 + $124.00g) Supplies ($4.009) Equipment rental ($2,500 + $ 24.000) Insurance ($3,900) Miscellaneous ($520 + $1.429) Total expense Net operating income 42,600 1.000 8.500 3,900 875...
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 ($440.009) Expenses: Wages and salaries ($11,500 + $122.009) Supplies ($4.009) Equipment rental ($2,100 + $25.009) Insurance ($3,800) Miscellaneous ($510 + $1.429) Total expense Net operating income 42,000 1,000 8,350 3,800 865 56,015...
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) 100 $36,500 Revenue ($365.00) Expenses: Wages and salaries ($8,000 + $125.009) Supplies ($3.009) Equipment rental ($1,800 + $32.009) Insurance ($3,400) Miscellaneous ($630 + $1.809) Total expense 20,500 300 5,000 3,400 810 30.010 $ 6,490 Net operating...