1 Puget Sound Divers provides diving services, such as underwater ship repairs, to its clients. The company's planning budget for May appears below: 0.55 points Skipped Mc eBook Hint Print References Budgeted diving-hours (q) Revenue ($440.00q) Puget Sound Divers Planning Budget For the Month Ended May 31 Expenses: Wages and salaries ($11,900 + $128.00q) Revenue Expenses: Supplies ($4.00q) Equipment rental ($2,000+ $25.00q) Insurance ($4,100) Miscellaneous ($530+ $1.48q) Total expenses Net operating income During May, the company's actual activity was 340 diving-hours. Required: Prepare a flexible budget for May. Note: Round your answers to the nearest whole number. Puget Sound Divers Flexible Budget For the Month Ended May 31 Wages and salaries 350 $ 154,000 56,700 1,400 10,750 4,100 1,048 73,998 $ 80,002

Puget Sound Divers provides diving services, such as underwater ship repairs, to its clients. The company's planning budget for May appears below: During May, the company's actual activity was 340 diving-hours. Required: Prepare a flexible budget for May. Note: Round your answers to the nearest whole number. During May, the company's actual activity was 340 diving-hours. Required: Prepare a flexible budget for May. Note: Round your answers to the nearest whole number. Puget Sound Divers provides diving services, such as underwater ship repairs, to its clients. The company's planning budget for May appears below: During May, the company's actual activity was 340 diving-hours. Required: Prepare a flexible budget for May. Note: Round your answers to the nearest whole number. During May, the company's actual activity was 340 diving-hours. Required: Prepare a flexible budget for May. Note: Round your answers to the nearest whole number