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 (9) Revenue ($390.009) Expenses: Wages and salaries ($11,200 + $124.009) Supplies ($4.009) Equipment rental ($2,300+ $23.009) Insurance ($4,100) Miscellaneous ($540 + $1.44q) Total expense Net operating income 200 $ 78,000 36,000 800 6,900 4,100 828 48,628 $ 29,372 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.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Actual diving-hours Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense 0 Net operating income $ 0 < Prev 1 of 7 Next >