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 (9) Revenue ($400.009) Expenses: Wages and salaries ($11,100 + $128.009) Supplies ($5.009) Equipment rental ($2,400 + $26.009) Insurance ($4,100) Miscellaneous ($540 + $1.489) Total expense Net operating income 250 $ 100,000 43,100 1,250 8,900 4,100 910 58,260 $ 41,740 During May, the company's actual activity was 240 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole number.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Actual diving-hours 240 Revenue Expenses: Wages and salaries Supplies Equipment rental < Prev 1 of 7 Next >