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 90 passengers can be accommodated on the tour boat Data concerning the company's cost formulas appear below Fixed Cost per month Cost per Cruise Cost per Passenger Vessel operating costs 5 476.00 $ 3.20 Advertising $ 3,00 Administrative costs $ 1.5e Insurance $ 6, Joe $ 5,500 53,300 $ 37.00 For example vessel operating costs should be 56,300 per month plus $476.00 pet cruise plus 53 20 per passenger. The company's sales should average $32.00 per passenger In July, the company provided 56 cruises for a total of 3,050 passengers Required: Prepare the company's flexible budget for July Alyoski Tours Flexible Budget For the Month Ended July 31 For example, vessel operating costs should be $6,300 per month plus 5476.00 per cruise plus 53 20 per passenger. The company's sales should average $32.00 per passenger. In July, the company provided 56 cruises for a total of 3,050 passengers Required: Prepare the company's flexible budget for July Alyoski Tours Flexible Budget For the Month Ended July 31 Revenue Expenses Vessel operating costs Advertising Administrative costs Insurance Total expense Net operating income