9 - Homework Saved Help Save & Exit Submit Check my work 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: d Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (g) 250 $ 95,000 Revenue ($380.00) Expenses : Wages and salaries ($11,700 + $128.009) Supplies ($4.009) Equipment rental ($2,200 + $21.00) Insurance ($3,800) Miscellaneous ($520 + $1.489) Total expense Net operating income 43,700 1,000 7,450 3,800 890 56,840 $ 38,160 During May, the company's actual activity was 240 diving-hours. ces Required: Prepare a flexible budget for May. (Round your answers to the nearest whole dollar.) Puget Sound Divers Check 1 Supplies ($4.009) Equipment rental ($2,200 + $ 21.00g) Insurance ($3,800) Miscellaneous ($520 + $1.489) Total expense Net operating income 1,000 7,450 3,800 890 56,840 $ 38,160 10 points Skipped During May, the company's actual activity was 240 diving-hours Required: Prepare a flexible budget for May. (Round your answers to the nearest whole dollar.) eBook Hint Puget Sound Divers Flexible Budget For the Month Ended May 31 Print Revenue References Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense 0 Net operating income $ 0