1 Puget Sound Divers is a company that provides diving services such as underwater ship repairs to clients in the Puget Sound erea. The company's planning budget for Mey appears below: 2.5 points 400 $ 188,000 cBook Puget Sound Divers Planning Budget ter the Month Ended May 31 Budgetod diving-hours (9) Hevenge ($470.004) Expenses Wages and salaries ($11,800 - $122.004) Supplies (55.009) Roupant rental ($2,200 + $25.000 Insurance ($4.000) Miscellaneous ($550 + $1.509) Total expense Het operating income 60,600 2,000 12,200 4.000 1,150 79,950 $ 108,050 Hin Print During May, the company's actual activity was 390 diving-hours. References Required: Prepare a flexible budget for May. (Round your answers to the nearest whole number.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Actual ding-hours Revenue Expenses Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Nel operating income 0 S 0 Mr