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Puget Sound Divers is a company that provides diving services such as underwater ship repairs...

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Puget Sound Divers is a company that provides diving services such as underwater ship repairs to clients in the Puget Sound area The company's planning budget for May appears below Puget Sound Divers Flanning Budget For the Month Ended May 31 Budgeted diving-hours ( 300 $129, 000 Revenue ($430.00g) Expenses Wages and salaries ($11,800 $122. 00q Supplies ($4.00) Equipment rental ($2, 100 $26. 00 Insur ance ($4, 100) Miscellaneous ($520 $1. 44q) 48, 400 1, 200 9, 900 4, 100 952 64, 552 $64, 448 Total expense Net operating income 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

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