(Answered) During may the companys activity was actually 105

Accounting

During May the company's activity was actually 105 diving-hours. What would a flexible budget look like for this level of activity

The planning budget for May (Ending May 31)

Budgeted diving - hours (q) 100

Revenue ($365.00q) $36,000

Expenses:

Wages and Salaries ($8,000+ $125.00q) 20,500

Supplies($3.00q) 300

Equipment rental ($1,800+$32.00q) 5,000

Insurance($3,400) 3,400

Miscellaneous($630 +$1.80q) 810

Total Expense 30,010

Net Operating Income $6,490

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