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 salings if there is sufficient demand Up to 86 passengers can be accommodated on the tour boat. Data concerning the company's cost formulas appear below Fixed Cost Cost per cont per per Month Cruise Passenger Vessel operating costs 5.6,100 $470.00 $ 3.40 Advertising $3,000 Administrative costs $ 5,600 34.00 $1.50 Insurance 5 3.600 For example Vessel operating costs should be $6100 per month plus $470.00 per cruise plus $3.40 per passenger. The company's sales should average $3200 per passenger In July, the company provided 59 cruises for a total of 3,000 passengers. Required: Prepare the company's flexible budget for July - Alyeski Tours Flexible Budget Tor the Month Ended July 31 Revenge Expenses Vessel operating con Advertising Administrative costs Insurance Total expense Net operating come 5 0