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 meals (q) 30,000 $117,000 Revenue ($3.90g) Expenses: Raw materials (S1.90g) Wages and salaries (s6,200 + $0.20g) Utilities ($1,800 $0.05q) Facility rent ($3,100) Insurance ($2,100) Miscellaneous ($300t $0.10q) 57,000 12,200 3, 300 3,100 2,100 3,300 81,000 S 36,000 Total expense Net operating income In July, 31,000 actually meals were served. The company's flexible budget for this level of activity appears below: Flight Caf Flexible Budget For the Month Ended July 31 Budgeted meals (q) 31,000 $120,900 Revenue ($3.90q) Expenses: Raw materials ($1.90g) Wages and salaries ($6,200+ $0.20g) Utilities ($1,800 $0.05q) Facility rent 3,100) Insurance (2,100) Miscellaneous ($300 $0.10q) 58, 900 12,400 3, 350 3,100 2,100 3,400 83,250 S 37,650 Total expense Net operating income Required 1. 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 (i.e., zero variance). Input all amounts as positive values.) Flight Caf Activity Variances For the Month Ended July 31 Revenue Expenses Raw materials Wages and salaries Utilities Facility rent Insurance Miscellaneous Total expense Net operating income