Check my work 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: 20 points Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (g) Skipped 350 $136,500 eBook Revenue ($390.00) Expenses : Wages and salaries ($12,000 + $124.00g) Supplies ($5.00) Equipment rental ($2,300 + $ 22.00) Insurance ($3,900) Miscellaneous ($550 + $1.489) Total expense Net operating income 55,400 1,750 10,000 3,900 1,068 72,118 $ 64,382 Hint Ask During May, the company's actual activity was 340 diving-hours. Print Required: Prepare a flexible budget for May (Round your answers to the nearest whole number.) References Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income