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Fight Caf prepares in-flight meals for airines in its kitchen located next to a local alrport. The company's planning budget for Ju appears below: In

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Fight Caf prepares in-flight meals for airines in its kitchen located next to a local alrport. The company's planning budget for Ju appears below: In July, 26,000 meals were actually served. The company's flexible budget for this level of activity appears below: Required: 1. Calculate the company's activity varlances for July. (indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero varlance). Input all amounts as positive values.)

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