205Puget Sound Divers is a company that provides diving services such as underwater ship repairs to clients inthe Puget Sound area. The company's planning budget for May appears below: Puget Sound DiversPlanning Budget For the Month Ended May 31 Budgeted diving-hours (q) Revenue ($470.00q) Expenses:Wages and salaries ($11,500+$124.00q) Supplies ($4.00q) Equipment rental ($2,300+$23.00q) Insurance ($3,800) Miscellaneous ($500+$1.48q) Total expense Net operating income During May, the company's actualactivity was 290 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to thenearest whole number.)Puget Sound DiversPlanning BudgetFor the Month Ended May 31Puget 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:Budgeted diving-hours (q)Revenue ($470.00g)Expenses:Wages and salaries ($11,500+ $124.80g)Supplies ($4.00g)Equipment rental ($2,300+ $23.00g)Insurance ($3,880)300$ 141,00048,7001,208J9.2003,80094463,844$77,156ĆMiscellaneous ($500+ $1.48g)Total expenseNet operating income.During May, the company's actual activity was 290 diving-hours.Required:Prepare a flexible budget for May. (Round your answers to the nearest whole number).

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) Revenue ($470.000) Expenses: Wages and salaries ($11,500+ $124.00g) Supplies ($4.00g) Equipment rental ($2,300 $23.00g) Insurance ($3,880) 300 $ 141,000 48,700 1,208 9,200 3,000 944 63,844 $77,156 Miscellaneous ($500+ $1.48g) Total expense Net operating income During May, the company's actual activity was 290 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole number.)

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) Revenue ($470.000) Expenses: Wages and salaries ($11,500+ $124.00g) Supplies ($4.00g) Equipment rental ($2,300 $23.00g) Insurance ($3,880) 300 $ 141,000 48,700 1,208 9,200 3,000 944 63,844 $77,156 Miscellaneous ($500+ $1.48g) Total expense Net operating income During May, the company's actual activity was 290 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole number.)

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter8: Budgeting

Section: Chapter Questions

Problem 3PA: Budgeted income statement and supporting budgets The budget director of Birding Homes Feeders Inc.,...

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es 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) Revenue ($400.00g) Expenses: Wages and salaries ($11,100+ $124.00q) Supplies ($4.00q) Equipment rental ($2,400 + $23.00q) Insurance ($4,000) Miscellaneous ($520+ $1.50q) Total expense Net operating income During May, the company's actual activity was 340 diving-hours. Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses: 350 $ 140,000 Required: Prepare a flexible budget for May. (Round your answers to the nearest whole dollar.) Wages and salaries 54,500 1,400 10,450 4,000 1,045 Supplies Equipment rental Insurance Miscellaneous 71,395 $ 68,605 Help Save & Exit Submit Check my work
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) Revenue ($365.00q) Expenses: Wages and salaries ($8,000 + $125.00q) Supplies ($3.00q) Equipment rental ($1,800 + $32.00g) Insurance ($3,400) Miscellaneous ($630+ $1.80q) Total expense Net operating income Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses: During May, the company's actual activity was 105 diving-hours. Required: Prepare a flexible budget for May. 100 $ 36,500 Wages and salaries Supplies Equipment rental Insurance Miscellaneous 20,500 300 5,000 3,400 810 30,010 $ 6,490
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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 ($480.009) Expenses: Wages and salaries ($11,500 + $122.009) Supplies ($5.009) Equipment rental ($2,400 + $22.009) Insurance ($4,100) Miscellaneous ($520 + $1.469) Total expenses Net operating income 300 $ 144,000 48,100 1,500 9,000 4,100 958 63,658 $ 80,342 During May, the company's actual activity was 290 diving-hours. Required: Prepare a flexible budget for May. Note: Round your answers to the nearest whole number. Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expenses Net operating income
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) Revenue ($430.00q) Expenses: Wages and salaries ($11,300 + $122.00g) Supplies ($5.00g) Equipment rental ($2,100 + $25.00q) Insurance ( $3,900) Miscellaneous ($520 + $1.46q) Total expense 200 $ 86,000 35,700 1,000 7,100 3,900 812 48,512 $ 37,488 Net operating income During May, the company's actual activity was 190 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole dollar.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income
Puget Sound Divers provides diving services, such as underwater ship repairs, to its clients. The company's planning budget for May appears below: Budgeted diving-hours (q) Revenue ($390.00q) Puget Sound Divers Planning Budget For the Month Ended May 31 Expenses: Wages and salaries ($12,000+ $130.00g) Revenue Expenses: Supplies ($4.00q) Equipment rental ($2,200 + $25.00g) Insurance ($4,000) Miscellaneous ($520+ $1.48q) Total expenses Net operating income During May, the company's actual activity was 340 diving-hours. Required: Prepare a flexible budget for May. Note: Round your answers to the nearest whole number. Miscellaneous Total expenses Puget Sound Divers Flexible Budget For the Month Ended May 31 Wages and salaries Supplies Equipment rental Insurance 350 $ 136,500 57,500 1,400 10,950 4,000 1,038 74,888 $ 61,612
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) Revenue ($460.00q) Expenses: Wages and salaries ($11,700 + $122.009) Supplies ($4.009) Equipment rental ($2,500 + $23.00q) Insurance ($4,100) Miscellaneous ($510 + $1.44q) Total expense Net operating income 400 $ 184,000 60,500 1,600 11,700 4,100 1,086 78,986 $ 105,014 During May, the company's actual activity was 390 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole dollar.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Actual diving-hours Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense 0 Net operating income $ 0
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 (g) Revenue ($480.00g) Expensen: Wages and salaries ($11,500+ $128.00g) Supplies ($3.00g) Equipment rental ($2,300 $23.00g) Insurance ($3,800) Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue. Expenses: Miscellaneous ($540+ $1.42g) Total expense Net operating income 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.) Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income. 350 $ 168,000 $ 56,300 1,050 10,350 0 0 3,800 1,037 72,537 $ 95,463
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) Revenue ($410.00g) Expenses: Wages and salaries ($11,100 + $122.00g) Supplies ($4.00g) Equipment rental ($2,300 + $22.00g) Insurance ($3,800) Miscellaneous ($520 + $1.48g) Total expense 350 $ 143,500 53,800 1,400 10,000 3,800 1,038 70,038 $ 73,462 Net operating income During May, the company's actual activity was 340 diving-hours.
n 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 (a) Revenue ($440.00g) Expenses: Wages and salaries ($11,600+ $124.00g) Supplies ($4.00g) Equipment rental ($2,200 $24,00g) Insurance ($4,100) Miscellaneous ($520 $1.469) Total expense Net operating income 350 $154,000 55,000 1,400 10,600 4,100 1,031 72,131 $ 81,869 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 number.) Puget Sound Divers
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