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Business, 01.07.2019 22:30 Serenitybella

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 ($470.00q) $ 164,500 expenses: wages and salaries ($11,500 + $126.00q) 55,600 supplies ($6.00q) 2,100 equipment rental ($2,400 + $20.00q) 9,400 insurance ($3,900) 3,900 miscellaneous ($530 + $1.46q) 1,041 total expense 72,041 net operating income $ 92,459 during may, the company’s actual activity was 340 diving-hours. required: prepare a flexible budget for may. (round your answers to the nearest whole dollar.)

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