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Flight Caf prepares in - flight meals for airlines and its planning budget for July appears below: In July, 2 4 , 0 0 0
Flight Caf prepares inflight meals for airlines and its planning budget for July appears below:
In July, 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: Indicate the effect of each variance by selecting F for favorable, U for unfavorable, and "None" for no effect ie zero
variance Input all amounts as positive values.
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