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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)24,000
Revenue ($4.30q) $ 103,200
Expenses:
Raw materials ($1.90q)45,600
Wages and salaries ($6,300+ $0.20q)11,100
Utilities ($1,900+ $0.05q)3,100
Facility rent ($3,600)3,600
Insurance ($2,200)2,200
Miscellaneous ($600+ $0.10q)3,000
Total expenses 68,600
Net operating income $ 34,600
In July, 25,000 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)25,000
Revenue ($4.30q) $ 107,500
Expenses:
Raw materials ($1.90q)47,500
Wages and salaries ($6,300+ $0.20q)11,300
Utilities ($1,900+ $0.05q)3,150
Facility rent ($3,600)3,600
Insurance ($2,200)2,200
Miscellaneous ($600+ $0.10q)3,100
Total expenses 70,850
Net operating income $ 36,650
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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