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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 Revenue ($480.009) Expenses: Budgeted diving-hours (q) 300 $ 144,000 Wages and salaries ($11,800 + $122.00q) 48,400 Supplies ($6.009) 1,800 Equipment rental ($2,200 +$20.00q) 8,200 Insurance ($4,100) 4,100 Miscellaneous ($530 + $1.48q) 974 Total expense 63,474 Net operating income $ 80,526 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 Diversi Flexible Budget For the Month Ended May 31 Ravenue < Prev 1 of 4 Next > my work

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