The first drop down options are actual diving hours or budgeted diving hours

1 Puget Sound Divers provides diving services, such as underwater ship repairs, to its clients. The company's planning budget for Ma appears below Puget Sound Divers Planning Budget For the Honth Ended May 31 Budgeted diving-hours (a) 02:49:44) Revenue ($410.009) Expenses: Wages and salaries ($11,200 +$122.009) Supplies (54.00g) Equipment rental (52,000 $25.000) Insurance ($3,900) Miscellaneous ($540 $1.444) Total expenses ebook Net operating incone 400 $164,000 60,000 1,600 12,000 3,900 1,116 78,616 $ 85,384 Print During May, the company's actual activity was 390 diving-hours. Required: Prepare a flexible budget for May Note: Round your answers to the nearest whole number. Revenue Expenses Puget Sound Divers Flexible Budget For the Month Ended May 31 Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expenses Net operating income +