Question: Check my work Puget Sound Divers provides diving services, such as underwater ship repairs, to its clients. The company's planning budget for May appears
Check my work Puget Sound Divers provides diving services, such as underwater ship repairs, to its clients. The company's planning budget for May appears below: Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (q) Revenue ($390.00g) Expenses Wages and salaries ($11,600 $120.00g) Supplies ($4.00g) Equipment rental ($2,100 + $23.00g) Insurance ($4,000) Miscellaneous ($520 +$1.48q) Total expenses Net operating income. 400 $ 156,000 59,600 1,600 11,300 4,000 1,112 77,612 $ 78,388 During May, the company's actual activity was 390 diving-hours. Required: Prepare a flexible budget for May. Note: Round your answers to the nearest whole number.
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