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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 Revenue ($410.00g) Expenses: Wages and salaries ($11,300 + $122.00g) Supplies ($5.00g) For the Month Ended May 31 Budgeted diving-hours (g) 350 $ 143,500 54,000 1,750 9,200 4,200 1,017 70,167 $ 73,333 Equipment rental ($2,200 + $20.00g) Insurance ($4,200) Miscellaneous ($520 + $1.42g) Total expense Net operating income 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 dollar.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses: Wages and salaries

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