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Business, 28.08.2019 21:20 aaliyahmaile13

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 activity was actually 105 diving-hours. make a flexible budget using the same format as the planning budget for that level of activity.

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