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Flight Caf prepares in - flight meals for airlines in its kitchen located next to a local airport. The company's planning budget for July appears
Flight Caf prepares inflight meals for airlines in its kitchen located next to a local airport. The company's 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. 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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