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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

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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 (9) 350 $143,500 Revenue ($410.000) Expenses: Wages and salaries ($11,200 + $130.004) Supplies ($4.000) Equipment rental ($2,300 + $23.009) Insurance ($4,100) Miscellaneous ($540 + $1.489) Total expense 56,700 1,400 10,350 4.100 1.058 73,608 $ 69,892 Net operating income os During May, the company's actual activity was 340 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole dollar) Puget Sound Divers Flexible Budget For the Month Ended May 31 FActual diving-hours 340 Revenue Expenses Wages and salaries Supplies Next > UGUE (AV) Miscellaneous ($540 + $1.489) Total expense Net operating income AUV 1,058 73,608 $ 69,892 During May, the company's actual activity was 340 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole dollar.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Actual diving-hours 340 Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income 0 $ 0

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