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

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Accounting

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Puget Sound Divers is a company that provides diving services such as underwater below ship repairs to clients in the Puget Sound area. The company's planning budget for May appears Planning Budget Revenue ($470 00a) Expenses 350 4,500 and salaries (11,700+$130.00q) Supplies ($4.00q) Equipment rental ($2300 $24.00g) Insurance ($4,000) Miscellaneous ($510+ $1.48q) 57.200 1,400 10,700 4,000 Total expense Net operating income 328 $ 90,172 Required: During May, the company's activity was actually 340 diving-hours.Complete the following flexible budget for that level of activity ound your final answer to nearest doilar amount.) Puget Flexible Budget For the Month Ended May 31 Wages and salaries Equipment rental Tolal expense Net operating income

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