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 ($4.409) Expenses: Raw materials ($2.109) Wages and salaries ($6,300 + $0.209) Utilities ($2,100 + $0.059) Facility rent ($3,500) Insurance ($2,100) Miscellaneous ($300 + $0.109) Total expense Net operating income 21,000 $ 92,400 44,100 10,500 3,150 3,500 2,100 2,400 65,750 $ 26,650 In July, 22,000 meals were actually served. The company's flexible budget for this level of activity appears below: Budgeted meals (9) Revenue ($4.409) Expenses: Flight Caf Flexible Budget For the Month Ended July 31 Raw materials ($2.109) Wages and salaries ($6,300+ $0.209) Utilities ($2,100 + $0.059) Facility rent ($3,500) Insurance ($2,100) Miscellaneous ($300 + $0.109) Total expense Net operating income Required: 1. Calculate the company's activity variances for July. 22,000 $ 96,800 46,200 10,700 3,200 3,500 2,100 2,500 68,200 $ 28,600 Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.