1 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: 2.33 points 350 $ 140,000 eBook Hint Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (9) Revenue ($400.00) Expenses : Wages and salaries ($11,900 + $126.009) Supplies ($5.00g) Equipment rental ($2,100 + $24.009) Insurance ($3,800) Miscellaneous ($510 + $1.469) Total expense Net operating income Print 56,000 1,750 10,500 3,800 1,021 73,071 $ 66,929 References During May, the company's actual activity was 340 diving-hours. Required: Prepare flexible budget for May (Round your answers to the nearest whole dollar.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue 1 During May, the company's actual activity was 340 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole dollar.) 2.33 points Puget Sound Divers Flexible Budget For the Month Ended May 31 eBook Hint Revenue Print References Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income