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Flight Caf is a company that prepares in-flight meals for airlines in its kitchen located next to the local airport. The company's planning budget for

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Flight Caf is a company that prepares in-flight meals for airlines in its kitchen located next to the local airport. The company's planning budget for July appears below: Flight Caf Planning Budget For the Month Ended July 31 Budgeted meals (q) Revenue($4.40q) 28,000 123,200 Expenses Raw materials ($1.90q) Wages and salaries ($6,400 S0.20q) Utilities ($2,100+$0.05q) Facility rent ($4,000) Insurance ($2,700) Miscellaneous ($700+ $0.10q) 53,200 12,000 3,500 4,000 2,700 3,500 Total expense 78,900 Net operating income $44,300

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