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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 (g) Revenue ($380.00g) Expenses: Wages and salaries ($11,700 +$124.00g) Supplies ($4.00g) Equipment rental ($2,300 +$25.00g). Insurance ($3,800) Miscellaneous ($500 +$1.44g) Total expense Net operating income 300 $ 114,000 48,900 1,200 9,800 3,800 932. 64,632 $ 49,368 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 number.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income i

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