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: Budgeted diving-hours (g) Revenue ($400.00g) Expenses: Wages and salaries ($11,900 + $130.00g) Supplies ($4.00g) Equipment rental ($2,100 + $25.00g) Insurance ($3,800) Puget Sound Divers Planning Budget For the Month Ended May 31 Miscellaneous ($520+ $1.48g) Total expense Net operating income Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses: During May, the company's actual activity was 340 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole number.) Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense 350 $ 140,000 57,400 1,400 10,850 3,800 1,038 74,488 $ 65,512

Puget Sound Divers is a company that provides diving services such as underwater ship repairs to clients in the Puget Sound are The company's planning budget for May appears below. During May, the company's actual activity was 340 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole number.)