2 H 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 1 Budgeted diving-hours (o) 350 Revenue (1430.000 1150.500 Expenses Nages and salaries 511,200 $122.00) 53,000 Supplies (54.600) 1,400 Equipment rental (12,400 171.000 Insurance (14,200) Miscellaneous (50 - $1.460) Total expense 30-01 Net operating income $ 30,200 During May, the company's actual activity was 340 diving-hours Required: Prepare a fiable budget for May. (Pound your answers to the nearest whole number) 4,200 1.041 Puget Hound Divers Five For the Month Erded May 31 Actual dig Revenue Expo Wages and are Supplies During May, the company's actual activity was 340 diving hours Doints Required: Prepare a flexible budget for May (Round your answers to the nearest whole number.) Book Refren Puget Sound Divers Flexible Budget For the Month Ended May 31 Actual diving hours Revenue Expenses Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income s