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10 1 points Puget Sound Divers is a company that provides diving services such as underwater ship repairs to clients in the Puget Sound area.

10 1 points 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 Skipped eBook Hint Print References Budgeted diving-hours (q) Revenue ($440.00) Expenses: wages and salaries ($11,900 +$130.000) Supplies ($5.00) Equipment rental ($2,300 $24.089) Insurance ($3,900)) Miscellaneous ($500+ $1.460) Total expense Net operating incone 200 $ 88,000 37,900 1,000 7,100 3,900 792 50,692 $ 37,308 During May, the company's actual activity was 190 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole dollar.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense 0 Net operating income $ 0

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