Homework Answers
| Flexible Budget | ||||||
| Actual activity | 340 | |||||
| Revenue | (340*470) | 159800 | ||||
| Expenses: | ||||||
| Wages & salaries | (11,100+340*122) | 52580 | ||||
| Supplies | (340*4) | 1360 | ||||
| Equipment rental | (2,100+340*24) | 10260 | ||||
| insurance | 4,100 | |||||
| miscellaneous | (530+1.5*340) | 1040 | ||||
| Total expense | 69340 | |||||
| net operating income | 90460 | |||||
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Puget Sound Divers is a company that provides diving services such as underwater ship repairs to...
Puget Sound Divers is a company that provides diving services such as underwater ship repairs to...
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 $164,500 Revenue ($470.00q) Expenses: Wages and salaries ($11,900 + $120.00) Supplies ($3.00g) Equipment rental ($2,200 + $22.009) Insurance ($4,100) Miscellaneous ($510 + $1.489) Total expense 53,900 1,050 9,900 4,100 1,028 69,978 $ 94,522 Net operating...
Puget Sound Divers is a company that provides diving services such as underwater ship repairs to...
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)
300
Revenue
($420.00q)
$
126,000
Expenses:
Wages and
salaries ($11,400 + $122.00q)
48,000
Supplies
($6.00q)
1,800
Equipment rental
($2,100 + $24.00q)
9,300
Insurance
($4,100)
4,100
Miscellaneous
($540 + $1.48q)
984
Total
expense
64,184
Net operating
income...
Puget Sound Divers is a company that provides diving services such as underwater ship repairs to...
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 (9) 350 $164,500 Revenue ($470.009) Expenses: Wages and salaries ($11,600 + $124.009) Supplies ($3.009) Equipment rental ($2,400 + $24.009) Insurance ($3,900) Miscellaneous ($530 + $1.509) Total expense Net operating income 55,000 1,050 10,800 3,900 1,055 71,805 $...
Puget Sound Divers is a company that provides diving services such as underwater ship repairs to...
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) 300 Revenue ($470.00q) $ 141,000 Expenses: Wages and salaries ($12,000 + $128.00q) 50,400 Supplies ($4.00q) 1,200 Equipment rental ($2,100 + $22.00q) 8,700 Insurance ($3,900) 3,900 Miscellaneous ($520 + $1.50q) 970 Total expense 65,170 Net operating income...
Puget Sound Divers is a company that provides diving services such as underwater ship repairs to...
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) 200 Revenue ($430.00q) $ 86,000 Expenses: Wages and salaries ($11,300 + $122.00q) 35,700 Supplies ($4.00q) 800 Equipment rental ($2,100 + $24.00q) 6,900 Insurance ($3,900) 3,900 Miscellaneous ($500 + $1.48q) 796 Total expense 48,096 Net operating income...
Puget Sound Divers is a company that provides diving services such as underwater ship repairs to...
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) 250 Revenue ($470.00q) $ 117,500 Expenses: Wages and salaries ($11,800 + $122.00q) 42,300 Supplies ($3.00q) 750 Equipment rental ($2,000 + $22.00q) 7,500 Insurance ($4,100) 4,100 Miscellaneous ($500 + $1.48q) 870 Total expense 55,520 Net operating...
Puget Sound Divers is a company that provides diving services such as underwater ship repairs to...
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 (9) Revenue ($470.000) 350 $164,500 54,500 Expenses: Wages and salaries ($11,100 + $124.00) Supplies ($6.00) Equipment rental ($2,200 + $20.00) Insurance ($3,900) Miscellaneous ($540 + $1.50) 2.100 9,200 3,900 1,065 Total expense 70,765 Net operating income $93,735...
Puget Sound Divers is a company that provides diving services such as underwater ship repairs to...
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) 300 Revenue ($470.00q) $ 141,000 Expenses: Wages and salaries ($11,800 + $122.00q) 48,400 Supplies ($5.00q) 1,500 Equipment rental ($2,300 + $21.00q) 8,600 Insurance ($4,000) 4,000 Miscellaneous ($520 + $1.46q) 958 Total expense 63,458 Net operating income...
Puget Sound Divers is a company that provides diving services such as underwater ship repairs to...
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) 300 Revenue ($480.00g) $144,000 Expenses: Wages and salaries ($11,300 + $122.00q) Supplies ($6.00g) Equipment rental ($2,500 + $26.00g) Insurance ($3,900) Miscellaneous ($500 + $1.46q) Total expense 47,900 1,800 10,300 3,900 938 64,838 $ 79,162 Net operating...
Puget Sound Divers is a company that provides diving services such as underwater ship repairs to...
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 31 400 Budgeted diving-hours (q) Revenue ($460.00q) $184,000 Expenses: Wages and salaries ($11,300 + $126.00q) Supplies ($4.00q) Equipment rental ($2,200 $26.00q) Insurance ($3,800) Miscellaneous ($510 + $1.48q) Total expense 61,700 1,600 12,600 3,800 1,102 80,802 $103,198 Net operating income During...
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 $164,500 Revenue ($470.00q) Expenses: Wages and salaries ($11,900 + $120.00) Supplies ($3.00g) Equipment rental ($2,200 + $22.009) Insurance ($4,100) Miscellaneous ($510 + $1.489) Total expense 53,900 1,050 9,900 4,100 1,028 69,978 $ 94,522 Net operating...
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)
300
Revenue
($420.00q)
$
126,000
Expenses:
Wages and
salaries ($11,400 + $122.00q)
48,000
Supplies
($6.00q)
1,800
Equipment rental
($2,100 + $24.00q)
9,300
Insurance
($4,100)
4,100
Miscellaneous
($540 + $1.48q)
984
Total
expense
64,184
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 (9) 350 $164,500 Revenue ($470.009) Expenses: Wages and salaries ($11,600 + $124.009) Supplies ($3.009) Equipment rental ($2,400 + $24.009) Insurance ($3,900) Miscellaneous ($530 + $1.509) Total expense Net operating income 55,000 1,050 10,800 3,900 1,055 71,805 $...
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 (9) Revenue ($470.000) 350 $164,500 54,500 Expenses: Wages and salaries ($11,100 + $124.00) Supplies ($6.00) Equipment rental ($2,200 + $20.00) Insurance ($3,900) Miscellaneous ($540 + $1.50) 2.100 9,200 3,900 1,065 Total expense 70,765 Net operating income $93,735...
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) 300 Revenue ($480.00g) $144,000 Expenses: Wages and salaries ($11,300 + $122.00q) Supplies ($6.00g) Equipment rental ($2,500 + $26.00g) Insurance ($3,900) Miscellaneous ($500 + $1.46q) Total expense 47,900 1,800 10,300 3,900 938 64,838 $ 79,162 Net operating...
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 31 400 Budgeted diving-hours (q) Revenue ($460.00q) $184,000 Expenses: Wages and salaries ($11,300 + $126.00q) Supplies ($4.00q) Equipment rental ($2,200 $26.00q) Insurance ($3,800) Miscellaneous ($510 + $1.48q) Total expense 61,700 1,600 12,600 3,800 1,102 80,802 $103,198 Net operating income During...
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