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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) 30,000 Revenue ($4.40q) $ 132,000 Expenses: Raw materials ($2.10q) 63,000 Wages and salaries ($6,500 + $0.20q) 12,500 Utilities ($1,800 + $0.05q) 3,300 Facility rent ($3,600) 3,600 Insurance ($2,200) 2,200 Miscellaneous ($600 + $0.10q) 3,600 Total expense 88,200 Net operating incom
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