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 (g) 24,000 Revenue ($4.00q) Expenses: $96,000 Raw materials ($2.30q) Wages and salaries ($6,200 $0.20q) Utilities ($2,100+$0.05q) Facility rent ($3,500) Insurance ($2,900) Miscellaneous ($700+S0.10g) 55,200 11,000 3,300 3,500 2,900 3,100 79,000 $17,000 Total expense Net operating income In July, 25,000 actually meals were served. The company's flexible budget for this level of activity appears below: Flight Cafe Flexible Budget For the Month Ended July 31 Budgeted meals (q) 25,000 $100,000 Revenue ($4.00q) Expenses Raw materials ($2.30q) Wages and salaries ($6,200+ $0.20q) Utilities ($2,100+$0.05q) Faci ity rent ($3,500) Insurance ($2,900) Miscellaneous ($700+$0.10g) 57,500 11,200 3,350 3,500 2,900 3,200 81,650 S 18,350 Total expense Net operating income Required 1. Calculate the company's activity variances for July. (Indicate the effect of each variance by selecting "F" ffaable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)