value 150 points Gator Divers is a company that provides div

value 1.50 points Gator Divers is a company that provides diving services such as underwater ship repairs to clients in the Tampa Bay area. The company\'s planning budget for March appears below Gator Divers Planning Budget the Month Ended March 31 Budgeted diving-hours (q) Revenue ($450.00q) 350 $157,500 Wages and salaries ($11,200 $128.00q) Supplies ($3.00q) Equipment rental ($2,100 $22.00q) Insurance ($3,800) Miscellaneous ($540+ $1.48q) 56,000 1,050 9,800 3,800 1,058 Total expense 71,708 Net operating income $ 85,792 Required During March, the company\'s activity was actually 340 diving-hours. Complete the flexible budget for that level of activity. (Round your answers to nearest whole dollar.) Gator Divers Flexible Budget For the Month Ended March 31 Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income

Solution

Answer

gator divers flexible budget for the month ended march 31

particulars	amount
revenue (450 * 340 )	153000
expenses
wages and salaries 11800 + 340*128	55320
supplies 4	1360
equipment rental 2200 + 340*23	10020
insurance	4000
miscellaneous 530 + 340*1.5	1040
total expenses	71740
net income ( revenue - total expenses )	81260