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 $($$$450\mathrm{.}00$q$)$ $ $135,000$

Expenses:

Wages and salaries $($$$12,000+$ $$122\mathrm{.}00$q$)48,600$

Supplies $($$$6\mathrm{.}00$q$)1,800$

Equipment rental $($$$2,200+$ $$23\mathrm{.}00$q$)9,100$

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

Miscellaneous $($$$540+$ $$1\mathrm{.}44$q$)972$

Total expense $64,572$

Net operating income $ $70,428$

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

Required:

Prepare a flexible budget for May.