Alyeski Tours operates day tours of coastal glaciers in Alaska on its tour boat the Blue Glacier. Management identified two cost drivers

for budgeting purposes$-$the number of cruises and the number of passengers. The company publishes a schedule of day cruises that

it may supplement with special sailings if there is sufficient demand. Up to $80$ passengers can be accommodated on the tour boat.

Data concerning the company's cost formulas appear below:

For example, vessel operating costs should be $$5,200$ per month plus $$480$ per cruise plus $$2$ per passenger. The compales

should average $$25$ per passenger. In July, the company provided $24$ cruises for a total of $1,400$ passengers.

Required:

Prepare the company's flexible budget for July.