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: Flight Caf Planning Budget For the Month Ended July 31 10 points Budgeted meals (g) 28,000 Revenue (4.00q) Expenses: $112,000 eBook Raw materials ($2.00g) Wages and salaries ($6,400+$0.20g) Utilities ($2,200 + $0.05q) Facility rent ($3,700) Insurance ($2,900) Miscellaneous($800 $0.10q) 56,000 12,000 3,600 3,700 2,900 3,600 81,800 30,200 Hint Print References Total expense Net operating income In July, 29,000 actually meals were served. The company's flexible budget for this level of activity appears below: Flight Caf Flexible Budget For the Month Ended July 31 Budgeted meals (g) 29,000 $116,000 Revenue ($4.00g) Expenses: Raw materials ($2.00g) Wages and salaries ($6,400+ $0.20g) Utilities ($2,200 $0.05q) Facility rent ($3,700) Insurance ($2,900) 58,000 12,200 3,650 3,700 2,900 3,700 84,150 iscellaneous ($800$0.10g) Total expense