er 9 Homework i Help Save 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) $180,000 Revenue ($450.08) Expenses! Wages and salaries ($11,600 + $128.00) Supplies ($4.089) Equipment rental ($2,400 + $22.00) Insurance ($4,100) Miscellaneous ($540 + $1.469) Total expense Net operating income 62,800 1,600 11.200 4,100 1,124 80,824 $ 99,176 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 number.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Prev 1 of 4 ! Next > Required: Prepare a flexible budget for May. (Round your answers to the nearest whole number.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses: Wages and salaries Supplies Equipment rental rental Insurance Miscellaneous eous Total expense Net operating income | 0 $ 0 Puget Sound Divers Flexible Budget For the Month Ended May 31 Actual diving-hours ces Budgeted diving-hours Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income