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 ($4.50q) Expenses: Raw materials ($2.189) Wages and salaries ($6,100 $8.289) Utilities ($2,000 +$0.054) Facility rent ($3,908) Insurance ($2,100) Miscellaneous ($700 +$0.10) Total expense 21,000 $ 94,500 44,100 18,300 3,050 3,900 2,100 2,800 66,250 $ 28,250 Net operating income In July, 22,000 meals were actually served. The company's flexible budget for this level of activity appears below: Budgeted meals (q) Revenue ($4.504) Expenses: Flight Caf Flexible Budget For the Month Ended July 31 Raw materials ($2.189) wages and salaries ($6,100+ $8.289) Utilities ($2,000 +$0.054) Facility rent ($3,908) Insurance ($2,100) Miscellaneous ($700 +$0.10) Total expense Net operating income Required: 22,000 $ 99,200 46,200 10,500 3,108 3,908 2,100 2,900 68,700 $ 30,308 1. Calculate the company's activity variances for July. (Indicate the effect of each variance by selecting "F" for favorable. "U" for unfavorable, and "None" for no effect (l.e., zero varlance). Input all amounts as positive values.) Flight Cafe Activity Variances For the Month Ended July 31 Revenue Expenses Raw materials Wages and salaries Utilities Facility rent Insurance Miscellaneous Total expense Net operating income