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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
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) 24,000 Revenue ($3.80q) $ 91,200 Expenses: Raw materials ($2.00q) 48,000 Wages and salaries ($6,200 + $0.20q) 11,000 Utilities ($1,900 + $0.05q) 3,100 Facility rent ($3,700) 3,700 Insurance ($2,300) 2,300 Miscellaneous ($700 + $0.10q) 3,100 Total expense 71,200 Net operating inc
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