Check my work 3 Alyeski Tours operates day tours of coastal glaciers in Alaska on its tour boat the Blue Glacier. Management has identified two cost driversthe 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 80 passengers can be accommodated on the tour boat. Data concering the company's cost formulas appear below: 1 1 points Cost per Cruise $ 477.00 Cost per Passenger $ 3.40 Fixed Cost per Month $ 6,800 $ 2,200 $ 5,700 $ 3,700 Vessel operating costs Advertising Administrative costs Insurance eBook $ 36.00 $ 1.50 Hint For example, vessel operating costs should be $6,800 per month plus $477.00 per cruise plus $3.40 per passenger. The company's sales should average $30.00 per passenger. In July, the company provided 58 cruises for a total of 3,100 passengers. Required: Prepare the company's flexible budget for July. Print Alyeski Tours Flexible Budget References For the Month Ended July 31 Actual cruises Actual passengers Revenue $ 93,000 Expenses: Vessel operating costs Advertising Administrative costs Insurance Total expenso Net operating income 0 93.000 $