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Puget Sound Divers is a company that provides diving services such as underwater ship repairs to clients in the Puget Sound a
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Answer #1

Ans:

Puget Sound Divers

Flexible Budget

For the month Ended May 31

Actual Driving Hours

240

Revenue    (400*240)

$96,000

Expenses:

      Wages and    salaries(11600+(240*126)

$41,840

     Supplies(240*4)

$960

      Equipment rental(2400+(21*240)

$7,440

       Insurance

$4,000

       Miscellaneous (530+(1.48*240)

$885

Total Expenses

$55,125

Net Operating Income

$40,875
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