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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

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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: 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.) Prepare a flexible budget for May. \begin{tabular}{|l|} \hline \multicolumn{2}{|c|}{ Puget Sound Divers } \\ \hline \multicolumn{1}{|c|}{ Flexible Budget } \\ \hline For the Month Ended May 31 \\ \hline Revenue \\ \hline Expenses: \\ \hline Wages and salaries \\ \hline Supplies \\ \hline Equipment rental \\ \hline Insurance \\ \hline Miscellaneous \\ \hline Total expense \\ \hline Net operating income \\ \hline \end{tabular}

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