Alyesk Tours operates day tours of coastal glaciers in Alaska on its tour boat the Blue Glacier: Management has identified two cost divers - 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 sailings af there is sufficient demand. Up to 85 passerigers can be accommodated on the tour boot. Data concerning the company's cost formulas appear below: For example, vessel operating costs should be $6.600 per month plus $475.00 per cruise plus $3.50 per passenger. The company's saies should average $3000 per passenger, In July, the company provided 54 crulses for a total of 3,150 passengers. Aequired: Prepare the company's flexible bodget for July. 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 sailings if there is sufficient demand. Up to 85 passengers can be accommodated on the tour boat. Data concerning the company's cost formulas appear below: For example, vessel operating costs should be $6,600 per month plus $475.00 per cruise plus $3.50 per passenger. The company's sales should average $30.00 per possengec. In July, the company provided 54 cruises for a total of 3.150 possengers, Required: Prepare the company's flexible budget for July