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) 30,000 $120,000 Revenue ($4.00g) Expenses: Raw materials ($2.10g) Wages and salaries ($6,300 $0.20q) Utilities ($2,000 + $0.05g) Facility rent ($3,000) Insurance ($2,300) Miscellaneous ($600 +$0.10g) 63,000 12,300 3,500 3,000 2,300 3.600 87,700 32,300 Total expense Net operating income