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EXERCISE 9-1 Prepare a Flexible Budget LO9-1 Puget Sound Divers is a company that provides diving services such as underwater ship repairs te clients in

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EXERCISE 9-1 Prepare a Flexible Budget LO9-1 Puget Sound Divers is a company that provides diving services such as underwater ship repairs te clients in the Puget Sound area. The company's planning budget for May appears below: During May, the company's actual activity was 105 diving-hours. Required: Using Exhibit 9-5 as your guide, prepare a flexible budget for May

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