Paleo Bay Divers is a company that provides diving services such as underwater ship repairs to clients in the Paleo Bay area.
The company's planning budget for July appears below:
Paleo Bay Divers
Planning Budget
For the Month Ended July
Budgeted divinghours q
Revenue q
Expenses:
Wages and salaries q
Supplies q
Equipment rental q
Insurance
Miscellaneous q
Total expenses
Net operating income
During July, the company's actual activity was divinghours.
Prepare a flexible budget.
According to the flexible budget, what are the company's total variable expenses for the month of July?
