During May the company’s activity was actually 105 diving-hours. What would a flexible budget look l
We're the ideal place for homework help. If you are looking for affordable, custom-written, high-quality and non-plagiarized papers, your student life just became easier with us. Click either of the buttons below to place your order.
Order a Similar Paper
Order a Different Paper
During May the company’s activity was actually 105 diving-hours. What would a flexible budget look like for this level of activityThe planning budget for May (Ending May 31)Budgeted diving – hours (q) 100Revenue ($365.00q) $36,000Expenses: Wages and Salaries ($8,000+ $125.00q) 20,500Supplies($3.00q) 300Equipment rental ($1,800+$32.00q) 5,000Insurance($3,400) 3,400Miscellaneous($630 +$1.80q) 810Total Expense 30,010Net Operating Income $6,490