Fight Cate prepores in-fight meals foc airlines in its kitchen located next to a local airport. The companys planining budget for July appears below: In July, 29,000 meals were actually served, The company's flexible budget for this level of activity appears below: Required: 1. Calculate the company's activity variances for July. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values. Required: 1. Calculate the company's activity variances for July. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" r no effect (i.e., z variance). Input all amounts as positive values