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) 28,000 Revenue ($4.30q) $120,400 Expenses: Raw materials ($2.00q) 56,000 Wages and salaries ($6,400 + $0.209) 12,000 Utilities ($1,800 + $0.05q) 3,200 Facility rent ($3,700) 3,700 Insurance ($2,900) Miscellaneous ($500 + $0.10q) Total expense Net operating income 2,900 3,300 81,100 $ 39,300