appears below: Budgeted diving-hours (g) Revenue ($430.00g) Puget Sound Divers Planning Budget For the Month Ended May 31 Expenses: Wages and salaries ($11,200 + $126.00g) Supplies ($4.00g) Equipment rental ($2,300 + $22.00g) Insurance ($4,100) Miscellaneous ($520 + $1.42g) Total expenses Net operating income Revenue Expenses: Total expenses 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 Supplies Equipment rental Insurance Miscellaneous 350 $ 150,500 55,300 1,400 10,000 4,100 1,017 71,817 $ 78,683 lip repairs, company's planning budget for May