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Flight Caf prepares in-flight meals for airlines in its kitchen located next to a local airport. The companys planning budget for July appears below: Flight
Flight Caf prepares in-flight meals for airlines in its kitchen located next to a local airport. The companys planning budget for July appears below: Flight Caf Planning Budget For the Month Ended July 31 Budgeted meals (q) 29,000 Revenue ($4.50q) $ 130,500 Expenses: Raw materials ($2.10q) 60,900 Wages and salaries ($6,400 + $0.20q) 12,200 Utilities ($2,200 + $0.05q) 3,650 Facility rent ($3,100) 3,100 Insurance ($2,800) 2,800 Miscellaneous ($700 + $0.10q) 3,600 Total expense 86,250 Net operating in
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