Check my work 6 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: 27 Flight Cafe Planning Budget For the Month Ended July 31 Budgeted meals () 30,00 $112.00 ebook 65,000 12.300 3,400 Revenue (53.90) Expenses Raw materials (52.100) ages and salaries (50.300 + 50.21) utilities (51,900 $0.05) Facility rent (55,600) Insurance (52,600) Miscellaneous (5700 - 50.100) Total expense Net operating income Point 2.600 Derences $ 25,00 In July, 31000 meals were actually served. The company's flexible budget for this level of activity appears below: Flight Cafe Fedible Budget For the Month Ended Puly 31 Budgeted wais (4) Revenue (13.909) Expenses Raw materials (52.109) Wages and salaries (56,500 50.2) Utilities (51,900 $0.650) Facility rent (53.600) Insurance (52.600) Miscellaneous (5700 + 10.100) Tutal expense het operating Income 12.50 >,600 2.600 Required: 1. Calculate the company's activity variances for July indicate the effect of each variance by selecting for favorable "U" for unfavorable, and "None" for no effectie, zero variance), Input all amounts as positive values.) Flight Care Activity Veri For the Month Ended July 21 Revue Waandi Misc