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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

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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 Caf Planning Budget For the Month Ended July 31 Budgeted meals (q) 21,000 Revenue ($3.90g) Expenses: $81,900 Raw materials ($2.20g) Wages and salaries ($6,200+$0.20g) Utilities ($1,900+$0.05g) Facility rent 3,600) Insurance ($2, 300) Miscellaneous ($400+ $0.10q) 46,200 10,400 2,950 3,600 2,300 2,500 67,950 $13,950 Total expense Net operating income

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