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) Revenue ($400.00q) Expenses: Wages and salaries ($11,600 + $122.00q) Supplies ($3.00q) Equipment rental ($2,300 + $23.00q) Insurance ($4,100) Miscellaneous ($510+ $1.44q) Total expense Net operating income During May, the company's actual activity was 290 diving-hours. Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses: 300 $ 120,000 Required: Prepare a flexible budget for May. (Round your answers to the nearest whole dollar.) Wages and salaries Supplies Equipment rental Insurance 48,200 900 9,200 4,100 942 63,342 $ 56,658 previous

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: During May, the company's actual activity was 290 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole dollar.)