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Question: puget sound divers is a company that provides diving services...

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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 companys planning budget for May appears below: Puget Sound Divers Planning Budget For the Month Ended May 31 350 Revenue ($400.00q) Expenses: Wages and salaries ($11,400+$130.00q) Supplies ($4.00q) Equipment rental ($2,500 $21.00q) Insurance ($4,000) Miscellaneous ($530 $1.42q) 56,900 1,400 9,850 4,000 1,027 73,177 $66,823 Total expense Net operating income Required During May, the companys activity was actually 340 diving-hours. Complete the following flexible budget for that level of activity. (Round your final answer to nearest dollar amount.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenuo Expenses: Wages and salaries Supplies Equipment rental Miscellaneous Total expense Net operating income

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