Check my work Puget Sound Divers is a company that provides diving services such as...
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Check my work 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 Planning Budget For the Month Ended May 31 Budgeted diving-hours (9) 300 Revenue ($420.089) $126.eee Expenses: Wages and salaries ($11,600 + $130.089) 50,600 Supplies (55.689) 1,500 Equipment rental ($2,400 + $25.00) 9.900 Insurance ($4,100) 4,100 Miscellaneous ($540 + $1.449) 972 Total expense 67,072 $ 58,928 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 Actual diving-hours 300 Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense 0 0 Net operating income $
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