CHAPTER 9 HOMEWORK * + C newconnect.mhed Lication.com/flow/connect.tml CHAPTER 9 HOMEWORK 6 Help Save & Exit Submit Fligint Cafe prepares in-flight meals for airlines in its kitchen located next to a local airport. The company's planning budget for July appears below: Flight Caf Planning Budget Tor the Month Ended July 31 Budgetel eels (4) 25,882 points $11), eBook Revenue ($4.400) Expenses: Raw materials ($2.189) Wapes and salaries (5,20 + $0.28) Utilities (52, 1895 .659) Facility rent ($3,300) Insurance ($2,088) Miscellaneous ($+ $0.100) Tatal expense Nel operating income 52, 11,29 3,352 3.300 2.983 3,108 75,450 $ 31,553 Rulces In July, 26,000 meals were actually served. The company's flexible budget for this level of activity appears below: Flight Cafe Flexible Budget Far the Manth Enced July 21 Huderted reals (9) 26,99 $111,108 Revenue ($4.494) Expenses: Raw materias ($2.109) Wages and salaries ($5,206+ $0.204) utilities ($2,182 + $2.854) Facility rent ($2,306) Insurance ($2,499) Miscellaneous ($620 + $0.100) Total expense Not Anorating INCANA 51.683 11.483 1.499 ,303 2, 77,90 3:43 PM Type here to search - 3 X CHAPTER 9 HOMEWORK * + C newconnect.mhed Lication.com/flow/connect.tml CHAPTER 9 HOMEWORK Help Save & Exit Submit $114,4 54,500 Revenue ($4.100) Expenses: Raw materials (42.1A) Wages and salaries (56,2024 $2.269) Utilities ($2,100 + $0.959) Facility rent ($3,300) Insurance ($2,803) Miscellaneous (S620 + $A.10) Tatal expanse Ict operating income 11,468 3,408 3.303 2.000 77,902 $ 38,508 points eBook Required: 1. Calculate the company's activity variances for July (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero varlance). Input all amounts as positive values.) Rulces Flight Call Activity Variances For the Month Ended July 31 Revenue Expenses Raw materials Wages and salaries Utilities Facility rent Insurarios Miscellaneous Total expense Ncl operating in 1 343 PM Type here to search