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2. Filight Cafe prepares in-flight meals for airlines and its planning budget for July appears below: In July, 29,000 meais were actually served. The company's
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Filight Cafe prepares in-flight meals for airlines and its planning budget for July appears below: In July, 29,000 meais were actually served. The company's flexible budget for this level of activity appears below. Required: 1. Calculate the company's activity variances for July. Note: Indicate the effect of each variance by selecting "F" for favorable, " U " for unfavorable, and "None" for no effect (lie., zero variance), Input all amounts as positive values Step by Step Solution
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