Puget sound divers is a company that provides diving services such as underwater ship repairs to clients in the puget sound area. the company’s planning budget for may appears below: puget sound divers planning budget for the month ended may 31 budgeted diving-hours (q) 350 revenue ($450.00q) $ 157,500 expenses: wages and salaries ($11,500 + $124.00q) 54,900 supplies ($4.00q) 1,400 equipment rental ($2,500 + $23.00q) 10,550 insurance ($3,800) 3,800 miscellaneous ($510 + $1.46q) 1,021 total expense 71,671 net operating income $ 85,829 during may, the company’s actual activity was 340 diving-hours. required: prepare a flexible budget for may

Flexible Budget for May                    Value                          Percentage of sales

Sales Revenue 340 hours           450 X 340 = $153,000

Wages and salaries  $11,500 + ($124 X 340) = $53,660               35.07%

Supplies                                          $4 X 340  = $1,360                    0.88%

Equipment rental      $2,500 + ($23 X 340)   = $10,320                6.745%

Insurance                                          $3,800   =  $3,800                  2.48%

Miscellaneous              $510 + (1.46 X 340)    = $1,006.4                 0.657%

Total Expense                                                  = $70,146.4                45.85%                                        

Net Operating Income                                    = $82,853.6              54.153        

In a flexible budget all items are shown as a percentage of total revenue (Sales). Further the budget is adjusted based on sales level, where all variable expenses are proportionate to sales.

answer: a. the kind of population living in your neighbourhood.

the census explorer data tool by the us census bureau allows the user to zoom in on any neighbourhood within the united states and find the kind of people residing in that by race and age.  

the tool needs to needs to be used twice – once in order to find what type of people reside in a neighbourhood, and then to see the age groups of the people in the same neighbourhood.