ces 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 (g) Revenue ($430.00g) Expenses: Wages and salaries ($11,400 + $124.00g) Supplies ($5.00g) Equipment rental ($2,200 + $22.00g) Insurance ($4,000) Miscellaneous ($510 +$1.48q) Total expense Net operating income 400 $172,000 61,000 2,000 11,000 4,000 1,102 79,102 $ 92,898 During May, the company's actual activity was 390 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 k Supplies ($5.00) Equipment rental ($2,200 $22.000) Insurance ($4,000) Miscellaneous ($510 $1.48q) Total expense Net operating income 2,000 11,000 4,000 1,102 79,102 $ 92,898 During May, the company's actual activity was 390 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest wh Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses: nces Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income -> C 3 #3 2 @D $ 4 54 Prev 1 of 6 MacBook G Search or type URL % de 5 5 66 6 W E R T