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 ) 350 Revenue ($390 00 q ) $ 136,500 Expenses Wages and salaries ($11,100 $122 00 q ) 53,800 Supplies ($5 00 q ) 1,750 Equipment rental ($2,400 $24 00 q ) 10,800 Insurance ($3,900) 3,900 Miscellaneous ($510 $1 42 q ) 1,007 Total expense 71,257 Net operating income $ 65,243 QUESTIONS ARE BELOW THAT NEED ANSWERED Required During May, the company's activity was actually 340 diving hours Complete the following flexible budget for that level of activity (Round your final answer to nearest dollar amount ) Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income

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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

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)		350
Revenue ($390.00q)	$	136,500
Expenses:
Wages and salaries ($11,100 + $122.00q)		53,800
Supplies ($5.00q)		1,750
Equipment rental ($2,400 + $24.00q)		10,800
Insurance ($3,900)		3,900
Miscellaneous ($510 + $1.42q)		1,007
Total expense		71,257
Net operating income	$	65,243
QUESTIONS ARE BELOW THAT NEED ANSWERED.

Required During May, the company's activity was actually 340 diving-hours. Complete the following flexible budget for that level of activity. (Round your final answer to nearest dollar amount.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income