2

Flight Caf prepares in-flight meals for airlines in its kitchen located next to a local airport. The company's planning budget for July appears below: In July. 22.000 meals 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. (Indicate the effect of each vorience by selecting "F" for fovoroble, " U " for unfovorable, and "None" for no effect (i.e., zero voriance). Input all amounts as positive volues.)