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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 dlients 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 (q) Revenue ($400.00q) 200 $ 80,000 Expenses: Wages and salaries ($11,600+$130.00q) Supplies ($5.00q) Equipment rental ($2,000+$23.00q) Insurance ($4,200) 37,600 1,000 6,600 4,200 832 $1.46q) Miscellaneous ($540 Total expense Net operating income 50,232 29,768 Required During May, the company's activity was actually 190 diving-hours. Complete the following flexible budget for that level of activity. (Round your answers to nearest whole dollar.) 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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