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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 For the Month Ended May 31 Budgeted diving-hours (q) 30 Revenue ($410.00g) ces Expenses: Wages and salaries ($11,400 +$124.00g) Supplies ($5.00g) Equipment rental ($2,100 $21.00g) Insurance ($4,200) Miscellaneous ($500 $1.46g) Total expense Net operating income 200 $82,000 36,200 1,000 6,300 4,200 792 48,492 $ 33,508 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 number.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Not operating income D 0 Next

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