300 Puget Sound Divers is a company that provides diving services such as underwater ship repairs to clients in the Puge
Posted: Sun Apr 17, 2022 7:06 pm
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 ($450.089) $135,000 Expenses: Wages and salaries ($11,680 + $124.809) 48,800 Supplies ($3.000) Equipment rental ($2,500 + $24.809) 9,700 Insurance ($3,800) 3,800 Miscellaneous ($510 + $1.509) 960 Total expense 64,160 Net operating income $ 70,840 908 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 vis
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 0 $ 0
300 Puget Sound Divers is a 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 0 $ 0