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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
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) 23,000 Revenue ($4.10q) Expenses: $94,300 Raw materials ($1.90q) Wages and salaries ($6,200 $0.20q) Utilities ($2,100 + $0.05g) Facility rent ($3,100) Insurance ($2,400) Miscellaneous ($800$0.10q) 43,700 10,800 3,250 3,100 2,400 3,100 66,350 $27,950 Total expense Net operating income
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