1. value 2.00 points Alyeski Tours operates day tours of coastal glaciers in Alaska on its tour boat the Blue Glacier. Management has identified two cost drivers the number of cruises and the number of passengers-that it uses in its budgeting and performance reports. The company publishes a schedule of day cruises that it may supplement with special sailings if there is sufficient demand. Up to 83 passengers can be accormodated on the tour boat. Data concerning the company's cost formulas appear below: Fixed Cost per Month $6,800 $2,200 55,600 Cost per Cruise $ 470.00 Cost per Passenger S 3.40 Vessel operating costs Advertising $ 35.00 $ 1.50 Administrative posts Insurance $3,700 For example, vessel operating costs should be $8,800 per month plus $470.00 per cruise plus $3.40 per passenger. The company's sales should average $34.00 per passenger. The company's planning budget for July is based on 59 cruises and 3,150 passengers. Required: Complete the corripany's planning budget for July. Alyeskl Tours Planning Budget For the Month Ended July 31 Revenue Expenses: Vessel operating costs Advertising Administrative costs Insurance Total expense Net operating income