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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 company's

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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 company's planning budget for May appears below: Puget Sound Divers Planning Budget Budgeted diving-hours (9) Revenue ($430.00g) Expenses: Wages and salaries ($11,100 +$122.009) Supplies ($5.00) For the Month Ended May 31 200 $ 86,900 35,509 1,000 6,400 4,100 836 47,836 $38,164 Equipment rental ($2,400 +$20.00q) Insurance ($4,100) Miscellaneous ($540 + $1.48q) Total expense Net operating income During May, the company's actual activity was 190 diving-hours. Required: Prepare a flexible budget for May (Round your answers to the nearest whole dollar.) Answer is not complete. Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue $ 86,000 Expenses Wages and salaries 35,100 x Supplies 1,000 x Equipment rental 6,400 Insurance 4.100 www

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