Puget Sound Divers provides diving services, such as underwater ship repairs, to its clients. The company's planning budget for appears below: Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (q) Revenue ($440.00q) 250 $ 110,000 Expenses: Wages and salaries ($11,400 +$124.00g) Supplies ($4.00q) Equipment rental ($2,400 + $24.00g) Insurance ($4,000) Miscellaneous ($510+ $1.44g) Total expenses Net operating income During May, the company's actual activity was 240 diving-hours. 42,400 1,000 8,400 4,000 870 56,670 $ 53,330

Puget Sound Divers provides diving services, such as underwater ship repairs, to its clients. The company's planning budget for appears below: During May, the company's actual activity was 240 diving-hours. During May, the company's actual activity was 240 diving-hours. Required: Prepare a flexible budget for May. Note: Round your answers to the nearest whole number