During May the company's activity was actually 105 diving-hours.

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