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$)400$

Revenue $($$$380\mathrm{.}00$q$)$ $ $152,000$

Expenses:

Wages and salaries $($$$11,000+$ $$124\mathrm{.}00$q$)60,600$

Supplies $($$$4\mathrm{.}00$q$)1,600$

Equipment rental $($$$2,200+$ $$20\mathrm{.}00$q$)10,200$

Insurance $($$$3,900)3,900$

Miscellaneous $($$$540+$ $$1\mathrm{.}46$q$)1,124$

Total expense $77,424$

Net operating income $ $74,576$

During May, the company$$s actual activity was $390$ diving$-$hours.