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 below Flight Caf Planning Budget For the Month Ended July 31 Budgeted meats to) 28. Beg Revenue (54.00) $112.000 Raw materials ($2.969) Wages and salaries ($6,106 + $0.20) Utilities ($1,990 + $0.059) Facility rent ($3,680) Insurance 132.780) Miscellaneous (5408 + $8.189) Total expense Net operating income 80,58 PE In July, 29.000 meals were actually served. The companys flexible budget for this level of activity appears below Flight Cate Flexible Budget For the Month Ended July 31 Budgeted meals i Revenue 154.ee) Raw materials (57.869) Wages and salaries (56.108+ 58.289) Utilities (51.908 + $0.859) Facility rent ($3,baa) Miscellaneous ($488 + $8.1891 Tatal expense Net operating income 82, 85 $ 33,150 Required: 1. Cakulate the company's activity variances for July indicate the effect of each variance by selecting unfavorable, and "None" for no effect (Le., zero variance). Input all amounts as positive values.) for favorable. "U" for