Puget Sound Divers provides diving services, such as underwater ship repairs, to its clients. The company's planning budget for May appears below: Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (g) Revenue ($470.00g) Expenses: Wages and salaries ($11,200+ $122.00g) Supplies ($4.00g) Equipment rental ($2,400 + $25.00g) Insurance ($3,900) Miscellaneous ($520 + $1.44g) Total expenses Net operating income 300 $ 141,000 47,800 1,200 9,900 3,900 952 63,752 $ 77,248 Required: Prepare a flexible budget for May. Note: Round your answers to the nearest whole number. During May, the company's actual activity was 290 diving-hours.

Puget Sound Divers provides diving services, such as underwater ship repairs, to its clients. The company's planning budget for May appears below: 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. 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