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 (g) Revenue ($4.00g) Expenses: Raw materials ($2.20g) Wages and salaries ($6,400 + $0.20g) Utilities ($2,000+ $0.05g) Facility rent ($4,000) Insurance ($3,000) Miscellaneous ($600 + $0.10g) Total expenses Net operating income Budgeted meals (g) Revenue ($4.00g) In July, 22,000 meals were actually served. The company's flexible budget for Flight Caf Flexible Budget For the Month Ended July 31 Expenses: Raw materials ($2.20g) Wages and salaries ($6,400+ $0.20g) Utilities ($2,000+ $0.05g) Facility rent ($4,000) Insurance ($3,000) Miscellaneous ($600 + $0.10g) Total expenses Net operating income 21,000 $ 84,000 Required: 1. Calculate the company's activity variances for July. 46,200 10,600 3,050 4,000 3,000 2,700 69,550 $ 14,450 22,000 $ 88,000 48,400 10,800 3,100 4,000 3,000 2,800 72,100 $ 15,900 level of activity appears below: BSH FLL ..LI HE IN LI HAL-11

light Caf prepares in-filght meals for airlines and its planning budget for July appears below: In July, 22,000 meals were actually served. The company's flexible budget for this level of activity appears below: Required: 1. Calculate the company's activity variances for July