ruget nu uivers Planning Budget For the Month Ended May 31 Budgeted diving-hours (q) 300 $129,000 Revenue ($430.089) Expenses: Wages and salaries ($11,000 + $124.009) Supplies ($5.00q) Equipment rental ($2,400 + $23.00) Insurance ($4,100) Miscellaneous ($550 + $1.469) Total expense Net operating income 48,200 1,500 9,300 4,100 988 64,088 $ 64,912 During May, the company's actual activity was 290 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole number.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses: Wages and salaries Supplies Equipment rental During May, the company's actual activity was 290 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole number.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income