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 Cafe Planning Budget For the Month Ended July 31 Budgeted meals (9) 23,080 $98,980 Revenue ($4.389) Expenses: Raw materials ($2.209) Wages and salaries ($6,308 + $0.289) Utilities ($1,980 + $0.059) Facility rent ($3,700) Insurance ($2,280) Miscellaneous ($680 + $0.189) Total expense Net operating income 50,680 19.989 3.850 3, zee 2,280 2,98e 73,350 $25.550 In July. 24.000 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) 24,000 $103, 200 Revenue ($4.389) Expenses: Raw materials ($2.209) Wages and salaries ($6,308+ $0.289) Utilities ($1,900 + $0.859) Facility rent ($3,700) Insurance ($2,200) Miscellaneous ($689 + $0.189) Total expense Net operating income 52, 880 11,180 3. 180 3,780 2.ee 3, eee 75,980 $ 27,3ee Required: 1. Calculate the company's activity variances for July. (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero varlance). Input all amounts as positive values.)