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) Revenue ($410.00g) Expenses: Wages and salaries ($11,700 +$124.00g) Supplies ($4.00g) Equipment rental ($2,500 + $25.00g) Insurance ($4,100) Miscellaneous ($520 +$1.44g) Total expense Net operating income 300 $ 123,000 48,900 1,200 10,000 4,100 -952 65,152 $ 57,848 During May, the company's actual activity was 290 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 Supplies Equipment rental - Pray 1 of 2 Next >