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05 Puget Sound Divers is a company that provides diving services such as underwater ship repairs to clients in the Puget Sound area. The

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05 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) Revenue ($390.00g) Expenses: Wages and salaries ($12,000 +$124.000) Supplies ($4.00g) Equipment rental ($2,300 +$21.00q) Insurance ($4,200) Miscellaneous ($540 +$1.42q) Total expense Net operating income 300 $117,000 49,200 1,200 8,600 4,200 966 64,166 $ 52,834 During May, the company's actual activity was 290 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole number.) Revenue Puget Sound Divers Flexible Budget For the Month Ended May 31 Expenses Wages and salaries

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