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) 29,000 Revenue ($4.10g) Expenses: $118,900 Raw materials ($1.90q) Wages and salaries ($6,500+ $0.20q) Utilities ($1,800+$0.05q) Facility rent ($3,600) Insurance ($2,600) Miscellaneous ($500+ $0.10g) 55,100 12,300 3,250 3,600 2,600 3,400 80,250 $ 38,650 Total expense Net operating income In July, 30,000 actually meals were served. The company's flexible budget for this level of activity appears below: Flight Caf Flexible Budget For the Month Ended July 31 Budgeted meals (g) 30,000 Revenue ($4.10q) Expenses: $123,000 57,000 Wages and salaries ($6,500+ $0.20q) 12,500 3,300 3,600 2,600 3,500 82,500 $ 40,500 Raw materials (1.90q) Utilities ($1,800+$0.05q) Facility rent ($3,600) Insurance ($2,600) Miscellaneous ($500 $0.10g) Total expense Net operating income