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. 400 4 points $180,000 Paget Bound Divers Planning Budget For the Month Ended May 31 Nudgeted diving-hours (9) Revenue ($450.000) Expenses Mages and salaries ($11,600 - $122.004) Supplies (65.00) Equipment rental ($2,200 $21.004) Tourance (04,000) Miscellaneous (5510 - $1.449) Total expense Het operating Income Print 60,000 2.000 10,600 4,000 1,016 78,086 $101.914 Reference During May, the company's actual activity was 390 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole number.) During May, the company's actual activity was 390 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole number.) 4 points Puget Sound Divers Flexible Budget For the Month Ended May 31 eBook Print References Revenue Expenses Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income