Puget Sound Divers is a company that provides diving services such as underwater ship repairs...
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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 area. The companys planning budget for May appears below: Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (q) 300 Revenue ($400.00q) $ 120,000 Expenses: Wages and salaries ($11,800 + $128.00q) 50,200 Supplies ($3.00q) 900 Equipment rental ($2,400 + $24.00q) 9,600 Insurance ($3,900) 3,900 Miscellaneous ($520 + $1.50q) 970 Total expense 65,570 N
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