Exerclse $9-1($Algo$)$ Prepare a Flexlble Budget $[$LO$9-1]$

Puget Sound Divers provides diving services, such as underwater ship repairs, to its clients. 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 $($$$420\mathrm{.}98q)$

Expenses:

Wages and salaries $($$$11,700+$$$120\mathrm{.}09q)$

Supplies $($$$6\mathrm{.}60q)$

Equipment rental $($$$2,500+$$$22\mathrm{.}00q)$

Insurance $($$$4,289)$

Miscellaneous $($$$530+$$$1\mathrm{.}44q)$

Total expenses

Net operating incore

During May, the company's actual activity was $340$ diving$-$hours.

Requlred:

Prepare a flexible budget for May.

Note: Round your answers to the nearest whole number.

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