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 ($390.00q) 300 $ 117,000 48,600 1,500 9,200 3,900 938 Expenses: Wages and salaries ($11,400 + $124.00q) Supplies ($5.00q) Equipment rental ($2,300 + $23.00q) Insurance ($3,900) Miscellaneous ($500+ $1.46q) Total expense Net operating income 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 number.) 64,138 $ 52,862

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 of flexible budget for May. (Round your answers to the nearest whole number.) 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 number.)