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$)300$

Revenue $($$$440\mathrm{.}00$q$)$ $ $132,000$

Expenses:

Wages and salaries $($$$11,300+$ $$124\mathrm{.}00$q$)48,500$

Supplies $($$$5\mathrm{.}00$q$)1,500$

Equipment rental $($$$2,500+$ $$22\mathrm{.}00$q$)9,100$

Insurance $($$$4,100)4,100$

Miscellaneous $($$$530+$ $$1\mathrm{.}46$q$)968$

Total expense $64,168$

Net operating income $ $67,832$

During May, the company$$s actual activity was $290$ diving$-$hours.