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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 ($4.40q) $ 110,000
Expenses:
Raw materials ($2.20q)55,000
Wages and salaries ($6,400+ $0.20q)11,400
Utilities ($1,800+ $0.05q)3,050
Facility rent ($3,300)3,300
Insurance ($3,000)3,000
Miscellaneous ($800+ $0.10q)3,300
Total expenses 79,050
Net operating income $ 30,950
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 ($4.40q) $ 114,400
Expenses:
Raw materials ($2.20q)57,200
Wages and salaries ($6,400+ $0.20q)11,600
Utilities ($1,800+ $0.05q)3,100
Facility rent ($3,300)3,300
Insurance ($3,000)3,000
Miscellaneous ($800+ $0.10q)3,400
Total expenses 81,600
Net operating income $ 32,800
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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