Flight Caf prepares in-flight meals for airlines in its kitchen located next to a local airport. The companys planning budget for July appears below:

Flight Caf
Planning Budget
For the Month Ended July 31
Budgeted meals (q)		25,000
Revenue ($4.30q)	$	107,500
Expenses:
Raw materials ($2.20q)		55,000
Wages and salaries ($6,300 + $0.20q)		11,300
Utilities ($1,900 + $0.05q)		3,150
Facility rent ($3,100)		3,100
Insurance ($2,500)		2,500
Miscellaneous ($400 + $0.10q)		2,900
Total expense		77,950
Net operating income	$	29,550

In July, 26,000 meals were actually served. The companys flexible budget for this level of activity appears below:

Flight Caf
Flexible Budget
For the Month Ended July 31
Budgeted meals (q)		26,000
Revenue ($4.30q)	$	111,800
Expenses:
Raw materials ($2.20q)		57,200
Wages and salaries ($6,300+ $0.20q)		11,500
Utilities ($1,900 + $0.05q)		3,200
Facility rent ($3,100)		3,100
Insurance ($2,500)		2,500
Miscellaneous ($400 + $0.10q)		3,000
Total expense		80,500
Net operating income	$	31,300

Required:

1. Calculate the companys activity variances for July. (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.)

Check my work 10 Required: 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 (i.e., zero variance). Input all amounts as positive values.) 25 points Flight Caf Activity Variances For the Month Ended July 31 eBook Revenue Expenses Raw materials Wages and salaries Utilities Facility rent Insurance Miscellaneous Total expense Net operating income