Puget Sound Divers is a company that provides diving services such as underwater ship repairs to clients in the Puget Sound area. The companys planning budget for May appears below:

Puget Sound Divers Planning Budget For the Month Ended May 31
Budgeted diving-hours (q)		400
Revenue ($390.00q)	$	156,000
Expenses:
Wages and salaries ($11,600 + $124.00q)		61,200
Supplies ($5.00q)		2,000
Equipment rental ($2,400 + $25.00q)		12,400
Insurance ($3,900)		3,900
Miscellaneous ($530 + $1.44q)		1,106
Total expense		80,606
Net operating income	$	75,394

During May, the companys actual activity was 390 diving-hours.

Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense 0 Net operating income $ 0