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 Cate Planning Budget Yor the Month Ended July 31 Budgeted meals (9) 29,000 Revenge (54.109) $118,900 Expenses Raw materials ($2.00g) 58,000 Wages and salaries ($6,000 + $0.204) 11,800 Utilities ($2,000 $0.059) 3,450 Pacility rent ($3,700) 3,700 Insurance ($2,300) 2,300 Miscellaneous ($800 + $0.109) 3,700 Total expense 82,950 Net operating income $ 35,950 In July 30,000 meals were actually served. The company's flexible budget for this level of activity appears below: Flight Cafe Flexible budget For the Month Ended July 31 Budgeted meals (9) 30,000 Revenue (54.2091 Expenses Raw materials ($2.009) Wages and salaries (36,000+ $0.2007 Utilities ($2,000 $0.059) Facility rent ($3,700) Insurance ($2,300) Miscellaneous ($800 + $0.109) Total expense Net operating income 60,000 12,000 3,500 3.700 2,200 3.000 85100 $57.700 Required: 1. Calculate the company's activity variances for July (Indicate the effect of each variance by selecting " for favorable, "U" for unfavorable, and "None" for no effect flie, zero variance). Input all amounts as positive values.) Flight Cafe Activity Variances For the Month Ended July 31 Reverse Expenses Raw materials Wages and is Uites Facility rent Insurance Miscelanos