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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) 350 Revenue ($390.00g) $136,500 Expenses: Wages and salaries ($11,700 +$120.00) 53,700 Supplies ($5.00) 1,750 Equipment rental ($2,300 $20.00g) 9,300 Insurance ($4,100) 4,100 1,034 69,884 $ 66,616 Miscellaneous (5530 +$1.44q) Total expense Net operating income t 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 number.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Actual diving-hours Revenue

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