Flight Caf$$ prepares in$-$flight meals for airilines and its planning budget for July appears below:

In July, $26,000$ meals were actually served. The company's flexible budget for this level of activity appears below.

Required:

Calculate the company's activity variances for July.

Note: Indlcate 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.Flight Caf$$ prepares in$-$flight meals for airlines and its planning budget for July appears below:

Flight Caf$$

Planning Budget

For the Month Ended July $31$

Budgeted meals $($q$)25,000$

Revenue $($$$4\mathrm{.}20$q$)$ $ $105,000$

Expenses:

Raw materials $($$$2\mathrm{.}30$q$)57,500$

Wages and salaries $($$$6,100+$ $$0\mathrm{.}20$q$)11,100$

Utilities $($$$2,100+$ $$0\mathrm{.}05$q$)3,350$

Facility rent $($$$3,600)3,600$

Insurance $($$$2,000)2,000$

Miscellaneous $($$$800+$ $$0\mathrm{.}10$q$)3,300$

Total expenses $80,850$

Net operating income $ $24,150$

In July, $26,000$ meals were actually served. The company$$s flexible budget for this level of activity appears below:

Flight Caf$$

Flexible Budget

For the Month Ended July $31$

Budgeted meals $($q$)26,000$

Revenue $($$$4\mathrm{.}20$q$)$ $ $109,200$

Expenses:

Raw materials $($$$2\mathrm{.}30$q$)59,800$

Wages and salaries $($$$6,100+$ $$0\mathrm{.}20$q$)11,300$

Utilities $($$$2,100+$ $$0\mathrm{.}05$q$)3,400$

Facility rent $($$$3,600)3,600$

Insurance $($$$2,000)2,000$

Miscellaneous $($$$800+$ $$0\mathrm{.}10$q$)3,400$

Total expenses $83,500$

Net operating income $ $25,700$

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. Flight Caf$$ prepares in$-$flight meals for airilines and its planning budget for July appears below:

In July, $26,000$ meals were actually served. The company's flexible budget for this level of activity appears below.

Required:

Calculate the company's activity variances for July.

Note: Indlcate 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. Required:

Calculate the company's activity variances for July.

Note: Indlcate the effect of each varlance by selecting $"$F$"$ for favorable, $"$U$"$ for unfavorable, and "None" for no effect $($I$.$e$.,$ zero

varlance$).$ Input all amounts as positlve values.