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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 ($4.30q) $ 124,700 Expenses: Raw materials ($2.20q) 63,800 Wages and salaries ($6,200 + $0.20q) 12,000 Utilities ($2,100 + $0.05q) 3,550 Facility rent ($3,900) 3,900 Insurance ($2,300) 2,300 Miscellaneous ($800 + $0.10q) 3,700 Total expense 89,250 Net operating in
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