Check my wd Flight 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 For the Month Ended July 31 Budgeted meals (9) 25,000 Revenue ($4.000) $180, eee Expenses: Raw materials ($1.989) 47,500 Wages and salaries ($6,400 + $0.289) 11,400 Utilities ($1,800 + $0.859) 3,658 Facility rent ($3,200) 3,200 Insurance ($2,200) 2,200 Miscellaneous ($600 + $0.189) 3,180 Total expense 70,450 Net operating income $ 29,550 In July, 26,000 meals were actually served. The company's flexible budget for this level of activity appears below: es 26,00 Flight Cafe Flexible Budget For the Month Ended July 31 Budgeted meals (9) Revenue ($4.00) Expenses: Raw materials ($1.989) Wages and salaries ($6,480+ $0.289) Utilities ($1,880 + $0.059) Facility rent ($3,200) Insurance ($2,200) Miscellaneous (5600 + $0.189) Total expense Net operating income $184,000 49,400 11,600 3,100 3,200 2,200 3,200 72,700 $ 31,380 Required: 1. Calculate the company's activity variances for July. (indicate the effect of eich variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effectie., zero variance). Input all amounts as positive values.)