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) Revenue ($470.00q) Expenses: Wages and salaries ($12,000+ $130.00q) Supplies ($6.00g) Equipment rental ($2,300 + $24.00q) Insurance ($4,200) 200 $ 94,000 38,000 1,200 7,100 4,200 800 Miscellaneous ($500+ $1.50q) Total expense Net operating income During May, the company's actual activity was 190 diving-hours. 51,300 $ 42,700

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 activity was 190 diving-hours. During May, the company's actual activity was 190 diving-hours. Required: repare a flexible budget for May. (Round your answers to the nearest whole dollar.)