Business, 22.07.2019 22:30 2sally2

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 ($450.00q) $ 157,500 expenses: wages and salaries ($11,500 + $124.00q) 54,900 supplies ($4.00q) 1,400 equipment rental ($2,500 + $23.00q) 10,550 insurance ($3,800) 3,800 miscellaneous ($510 + $1.46q) 1,021 total expense 71,671 net operating income $ 85,829 during may, the company’s actual activity was 340 diving-hours. required: prepare a flexible budget for may

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