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 ) 22,000 Revenue ($4 50 q ) $ 99,000 Expenses Raw materials ($2 10 q ) 46,200 Wages and salaries ($6,100 $0 20 q ) 10,500 Utilities ($2,000 $0 05 q ) 3,100 Facility rent ($3,700) 3,700 Insurance ($2,300) 2,300 Miscellaneous ($800 $0 10 q ) 3,000 Total expense 68,800 Net operating income $ 30,200 In July, 23,000 meals were actually served The companys flexible budget for this level of activity appears below Flight Caf Flexible Budget For the Month Ended July 31 Budgeted meals ( q ) 23,000 Revenue ($4 50 q ) $ 103,500 Expenses Raw materials ($2 10 q ) 48,300 Wages and salaries ($6,100 $0 20 q ) 10,700 Utilities ($2,000 $0 05 q ) 3,150 Facility rent ($3,700) 3,700 Insurance ($2,300) 2,300 Miscellaneous ($800 $0 10 q ) 3,100 Total expense 71,250 Net operating income $ 32,250 Required 1 Calculate the companys activity variances for July (Indicate the effect of each variance by selecting F for favorable, U for unfavorable, and None for no effect (i e , zero variance) Input all amounts as positive values )

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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)	22,000
Revenue ($4.50q)	$ 99,000
Expenses:
Raw materials ($2.10q)	46,200
Wages and salaries ($6,100 + $0.20q)	10,500
Utilities ($2,000 + $0.05q)	3,100
Facility rent ($3,700)	3,700
Insurance ($2,300)	2,300
Miscellaneous ($800 + $0.10q)	3,000
Total expense	68,800
Net operating income	$ 30,200

In July, 23,000 meals were actually served. The companys flexible budget for this level of activity appears below:

Flight Caf
Flexible Budget
For the Month Ended July 31
Budgeted meals (q)	23,000
Revenue ($4.50q)	$ 103,500
Expenses:
Raw materials ($2.10q)	48,300
Wages and salaries ($6,100+ $0.20q)	10,700
Utilities ($2,000 + $0.05q)	3,150
Facility rent ($3,700)	3,700
Insurance ($2,300)	2,300
Miscellaneous ($800 + $0.10q)	3,100
Total expense	71,250
Net operating income	$ 32,250

Required:

1. Calculate the companys activity variances for July. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)