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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 Planning Budget For the Month Ended May 31 Budgeted diving-hours (g) 350 Revenue ($410.00g) Expenses: $143,500 Wages and salaries ($11,100 $128.00q) Supplies ($6.00q) Equipment rental ($2,200 $25.00q) Insurance ($4,100) Miscellaneous ($520 + $1.50g) 55,900 2,100 10,950 4,100 1,045 74,095 $ 69,405 Total expense Net operating income During May, the company's actual activity was 340 diving-hours Required: Prepare a flexible budget for May. (Round your answers to the nearest whole number.)

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