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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

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 ($4.30q) $ 107,500
Expenses:
Raw materials ($2.10q)52,500
Wages and salaries ($6,400+ $0.20q)11,400
Utilities ($1,900+ $0.05q)3,150
Facility rent ($3,800)3,800
Insurance ($2,100)2,100
Miscellaneous ($700+ $0.10q)3,200
Total expenses 76,150
Net operating income $ 31,350
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 ($4.30q) $ 111,800
Expenses:
Raw materials ($2.10q)54,600
Wages and salaries ($6,400+ $0.20q)11,600
Utilities ($1,900+ $0.05q)3,200
Facility rent ($3,800)3,800
Insurance ($2,100)2,100
Miscellaneous ($700+ $0.10q)3,300
Total expenses 78,600
Net operating income $ 33,200
Required:
1. Calculate the companys 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.

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