3 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 saillings if there is sufficient demand. Up to 81 passengers can be accommodated on the tour boat. Data concerning the company's cost formulas appear below 10 points Coat per Month Cost per ruiae Coat per Passenger 471.00 31.00 3.50 6,700 2,800 5.700 3,600 Vensel operating costs o10n 42 vertising 1.50 Adninistrative costa costs should be $6,700 per month plus $471.00 per cruise plus $3.50 per passenger. The companys of 3,150 passengers sales should average $35.00 per passenger In July, the company provided 53 cruises for a total Reerences Required: Prepare the company's flexible budget for July. Flexible Budget For the Month Ended July 31 Revenue Vessel operaling costs Advertisina Check my w 3 Advertising 5,700 s 3,600 31.00 1.50 For example, vessel operating costs should be $6,700 per month plus $47100 sales should average $35.00 per passenger. In July, the company provided 53 cruises for a total of 3,150 passengers Required: per cruise plus $3.50 per passenger. The company's 10 points 008) Prepare the company's flexible budget for July Flexible Budget For the Month Ended July 31 References Expenses Vessel operating cots Total expense Net operating income