Fixed Vessel operating costs Advertising Administrative costs Insurance Cost per Cost per Month Cruise Cost per Passenger $ 6,800 $ 476.00 $ 3.50 $ 3,000 $ 5,800 $ 33.00 $ 3,500 $ 1.50 For example, vessel operating costs should be $6,800 per month plus $476.00 per cruise plus $3.50 per passenger. The company's sales should average $32.00 per passenger. In July, the company provided 55 cruises for a total of 3,050 passengers. Required: Prepare the company's flexible budget for July. Alyeski Tours Flexible Budget For the Month Ended July 31 Actual cruises Actual passengers Revenue Expenses: Vessel operating costs Advertising Administrative costs Insurance Total expense 0 Net operating income $ 0