Question: Please help me with this question before 11:59pm on the 5th please and thank you! If you could please explain or show how you solved

Please help me with this question before 11:59pm on the 5th please and thank you! If you could please explain or show how you solved the problem that would be amazing!! Thank you!!!

1) 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
Budgeted diving-hours (q) 350
Revenue ($390.00q) $ 136,500
Expenses:
Wages and salaries ($11,700 + $130.00q) 57,200
Supplies ($6.00q) 2,100
Equipment rental ($2,400 + $26.00q) 11,500
Insurance ($4,000) 4,000
Miscellaneous ($540 + $1.42q) 1,037
Total expense 75,837
Net operating income $ 60,663

During May, the companys actual activity was 340 diving-hours.

a) Prepare a flexible budget for May. (Round your answers to the nearest whole dollar.)

_____ _____

Revenue ____

Expenses ______

Wages and salaries ___

Supplies _____

equipment rental _____

insurance _____

Miscellaneous ______

Total expense 0

Net operating income $_____

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