Ch 9

Flight Caf prepares in-flight meals for airlines in its kitchen located next to a local airport. The company's planning budget for appears below: In July, 28,000 meals were actually served. The company's flexible budget for this level of activity appears below: Required: 1. Calculate the company's activity variances for July. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effe variance). Input all amounts as positive values