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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)29,000
Revenue ($4.00q) $ 116,000
Expenses:
Raw materials ($2.20q)63,800
Wages and salaries ($6,300+ $0.20q)12,100
Utilities ($2,000+ $0.05q)3,450
Facility rent ($3,500)3,500
Insurance ($2,700)2,700
Miscellaneous ($500+ $0.10q)3,400
Total expenses 88,950
Net operating income $ 27,050
In July, 30,000 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)30,000
Revenue ($4.00q) $ 120,000
Expenses:
Raw materials ($2.20q)66,000
Wages and salaries ($6,300+ $0.20q)12,300
Utilities ($2,000+ $0.05q)3,500
Facility rent ($3,500)3,500
Insurance ($2,700)2,700
Miscellaneous ($500+ $0.10q)3,500
Total expenses 91,500
Net operating income $ 28,500
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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