25 1 points eBook Hint Print References 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 Budgeted diving-hours (q) Revenue ($420.00g) Expenses: Wages and salaries ($11,700 +$124.00q) Supplies ($6.00g) Equipment rental ($2,400 +$22.00g) Insurance ($4,200) Miscellaneous (5510 $1.50g) Total expense Net operating income t 200 $ 84,000 36,500 1,200 6,800 4,200 810 49,510 $ 34,490 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 Endod May 31 Actual diving-hours Revenue 190 $ 79,800 1.25 points eBook 0 Hi Equipment rental ($2,400 $22.00g) Insurance (64,200) Miscellaneous ($510 +$1.50g) Total expense Net operating income 1,200 6,800 4,200 910 49,510 $ 34,490 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 Actual diving-hours Print References Revenue Expenses Wages and salaries Supplies Equipment rental Insurance Miscelaneous 190 $ 79,800 Total expense Net operating income $ 79,800