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Check my work Flight Caf prepares in-flight meals for airlines in its kitchen located next to a local airport. The company's planning budget for July
Check my work Flight Caf 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 23,000 $101,200 46, 000 10,900 Budgeted meals (g) Revenue ($4.40q) Expenses: Raw materials ($2.00g) Wages and salaries ($6, 300 $0.20q) Utilities ($2,000 $0.05q) Facility rent ($3,500) Insurance ($3,000) Miscellaneous ($500+$0.10g) 3,150 3,500 3,000 2,800 69, 350 31,850 Total expense Net operating income In July, 24,000 actually meals were served. The company's flexible budget for this level of activity appears below: 6:22 PM 11/6/2017
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