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Puget Sound Divers is a company that provides diving services such...

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Accounting

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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 Planning Budget Tor the Month Ended May 31 Budgeted diving-hours (a) 300 $138,000 Revenge ($460.009) Expenses Wages and salaries (611,100 + $120.00) Supplies ($3.009) Equipment rental (52,400 - $25.004) Insurance (53,900) Miscellaneous ($540$1.429) Total expense Bet operating income 47.100 900 9.900 3.900 966 62.766 $ 75,234 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

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