Flight Caf prepares in-flight meals for airlines in its kitchen located next to a iocal airport. The company's planning budget for July appears belows In July, 25,000 meais were actually served, The company's flexible budget for this level of activity appeors below: Required: 1 Calculate the companys activity variances for July. Note: 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 prepares in-flight meals for airlines in its kitchen located next to a iocal airport. The company's planning budget for July appears belows In July, 25,000 meais were actually served, The company's flexible budget for this level of activity appeors below: Required: 1 Calculate the companys activity variances for July. Note: 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