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 Budgeted diving-hours (q) Revenue ($450.00g) Expenses: Wages and salaries ($11,200 + $126.00q) Puget Sound Divers Planning Budget For the Month Ended May 31 Supplies ($4.00g) Equipment rental ($2,400 + $24.00q) Insurance ($3,800) Revenue Expenses Miscellaneous ($540+ $1.44g) Total expense Net operating income During May, the company's actual activity was 290 diving-hours. Required: Prepare a flexible budget for May. Note: Round your answers to the nearest whole number. Puget Sound Divers Flexible Budget For the Month Ended May 31 Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income 300 $ 135,000 49,000 1,200 9,600 3,800 972 64,572 $ 70,428 4

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 During May, the company's actual actority was 290 diming hours Required: Prepare of flexible budget for May Note: Round your onswers to the nearest whole number