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: 24,000 $10.200 mt Flight Cafe Planning Budget For the Month Ended July 31 Budgeted meals (9) Revenue ($4.369) Expenses Raw materials (51.909) Wages and salaries (56,200 + 50.209) Utilities ($2,000 + $0.059) Facility rent ($3,100) Insurance (52,500) Miscellaneous ($300 + $0.100) Total expense Net operating Incore int 45,600 11,000 3,200 3.100 2,500 2,200 $ 35,100 In July, 25,000 meals were actually served. The company's flexible budget for this level of activity appears below Flight Cafe Flexible Budget For the Month Ended July 31 Budgeted meals (a) 25,000 5107500 Revenue (54.309) Expenses Raw materials (51.909) Lages and salaries (56,200+ 50.200) Utilities ($2,000 - 50.059) Facility rent ($3,100) Tata 47,500 11,200 3,250 3,100 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: 24,000 $10.200 mt Flight Cafe Planning Budget For the Month Ended July 31 Budgeted meals (9) Revenue ($4.369) Expenses Raw materials (51.909) Wages and salaries (56,200 + 50.209) Utilities ($2,000 + $0.059) Facility rent ($3,100) Insurance (52,500) Miscellaneous ($300 + $0.100) Total expense Net operating Incore int 45,600 11,000 3,200 3.100 2,500 2,200 $ 35,100 In July, 25,000 meals were actually served. The company's flexible budget for this level of activity appears below Flight Cafe Flexible Budget For the Month Ended July 31 Budgeted meals (a) 25,000 5107500 Revenue (54.309) Expenses Raw materials (51.909) Lages and salaries (56,200+ 50.200) Utilities ($2,000 - 50.059) Facility rent ($3,100) Tata 47,500 11,200 3,250 3,100