EXERCISE 9–1 Prepare a Flexible Budget LO9–1
Puget Sound Divers is a company that provid...
Business, 30.05.2020 04:00 vannitling12p4w44f
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) : 100
Revenue ($365.00q) : $36,500
Expenses:
Wages and salaries ($8,000 + $125.00q) : 20,500
Supplies ($3.00q) : 300
Equipment rental ($1,800 + $32.00q) : 5,000
Insurance ($3,400) : 3,400
Miscellaneous ($630 + $1.80q) : 810
Total expense : 30,010
Net operating income : $ 6,490
During May, the company’s actual activity was 105 diving-hours.
Required: show all the work process
Using Exhibit 9–5 as your guide, prepare a flexible budget for May.
Answers: 3
Business, 21.06.2019 17:20
The following extract was taken from the worksheet of special events bakers for the year 2019. special events bakers worksheet december 31, 2019 account names cash equipment accumulated depreciation minus− equipment unadjusted trial balance debit credit $ 6 comma 800$6,800 15 comma 20015,200 $ 8 comma 500$8,500 adjusted trial balance debit credit $ 6 comma 800$6,800 15 comma 20015,200 $ 10 comma 000$10,000 for the above information, determine the amount of depreciation expense for the equipment used in the business
Answers: 3
Business, 22.06.2019 17:00
During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak
Answers: 2
Business, 23.06.2019 05:30
Aslam wants to create multiple worksheet containing common formatting styles for his team members. which file extension him to save these worksheets? [templates,workbooks,files] aslam to create multiple worksheets with common styles. he needs to save them with the [xlsb,xlts,xls,xlsm] extension.
Answers: 2
Business, 23.06.2019 22:00
On one production line in a small custom chip factory, marginal costs decrease rapidly as more chips are made. the marginal cost of making xx thousand chips in a day is thought to be
Answers: 2
Biology, 06.11.2019 00:31
Mathematics, 06.11.2019 00:31
Mathematics, 06.11.2019 00:31
Business, 06.11.2019 00:31
Mathematics, 06.11.2019 00:31
Mathematics, 06.11.2019 00:31
Biology, 06.11.2019 00:31
Mathematics, 06.11.2019 00:31
English, 06.11.2019 00:31