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Flight Caf prepares in - flight meals for airlines and its planning budget for July appears below: Flight Caf Planning Budget For the Month Ended

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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 ($4.20q) $ 105,000
Expenses:
Raw materials ($2.30q)57,500
Wages and salaries ($6,100+ $0.20q)11,100
Utilities ($2,100+ $0.05q)3,350
Facility rent ($3,600)3,600
Insurance ($2,000)2,000
Miscellaneous ($800+ $0.10q)3,300
Total expenses 80,850
Net operating income $ 24,150
In July, 26,000 meals were actually served. The companys 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 ($4.20q) $ 109,200
Expenses:
Raw materials ($2.30q)59,800
Wages and salaries ($6,100+ $0.20q)11,300
Utilities ($2,100+ $0.05q)3,400
Facility rent ($3,600)3,600
Insurance ($2,000)2,000
Miscellaneous ($800+ $0.10q)3,400
Total expenses 83,500
Net operating income $ 25,700
Required:
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"
variance). Input all amounts as positive values.
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