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

Puget Sound Divers
Planning Budget
For the Month Ended May 31
Budgeted diving-hours (q)	250
Revenue ($390.00q)	$ 97,500
Expenses:
Wages and salaries ($11,200 + $122.00q)	41,700
Supplies ($4.00q)	1,000
Equipment rental ($2,000 + $24.00q)	8,000
Insurance ($4,200)	4,200
Miscellaneous ($520 + $1.46q)	885
Total expenses	55,785
Net operating income	$ 41,715

During May, the companys actual activity was 240 diving-hours

Prepare a flexible budget for May.