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) Revenue ($3.90q) Expenses: Raw materials ($1.809) Wages and salaries ($6,100 + $0.209) Utilities ($2,200 + $0.059) Facility rent ($3,100) Insurance ($2,900) Miscellaneous ($800 + $0.109) Total expense Net operating income 27,000 $ 105,300 48,600 11,500 3,550 3,100 2,900 3,500 73,150 $ 32,150 In July, 28,000 meals were actually served. The company's flexible budget for this level of activity appears below: Budgeted meals (q) Revenue ($3.909) Expenses: Flight Caf Flexible Budget For the Month Ended July 31 Raw materials ($1.809) Wages and salaries ($6,100+ $0.209) Utilities ($2,200 + $0.059) Facility rent ($3,100) Insurance ($2,900) Miscellaneous ($800 + $0.109) Total expense Net operating income Required: 1. Calculate the company's activity variances for July. 28,000 $ 109,200 50,400 11,700 3,600 3,100 2,900 3,600 75,300 $ 33,900 Note: Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (I.e., zero variance). Input all amounts as positive values. Revenue Expenses: Raw materials Wages and salaries Utilities Facility rent Insurance Miscellaneous Total expense Net operating income Flight Caf Activity Variances For the Month Ended July 31