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Puget Sound Divers is a company that provides diving services such as underwater ship repairs to cients in the Puget Sound area. The company's planning

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Puget Sound Divers is a company that provides diving services such as underwater ship repairs to cients in the Puget Sound area. The company's planning budget for May appears below Puget Sound D Planning Budget or the Month Ended May 31 Budgeted diving-hours (q) Revenue ($440.00q) 300 $132,000 50,800 1,200 9,400 4,000 958 Wages and salaries ($11,800+ $130.00) Supplies ($4.00q) Equipment rental ($2.200 $24.00g) Insurance ($4,000) Miscellaneous ($520+$1.46q) Total expense 66,358 Net operating income $65,842 Required: During May, the company's activity was actually 290 diving-hours. Complete the following flexible budget for that level of activity. (Round your answers to nearest whole dollar.) get Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Total expense Net operating income FI F2 F4 FS

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