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 (9) 27,000 $105,300 Revenue ($3.909) Expenses: Raw materials ($2.109) Wages and salaries ($6,000 + $0.209) Utilities ($2,100 + $0.059) Facility rent ($3,100) Insurance ($2,400) Miscellaneous ($400 + $0.109) Total expense Net operating income 56,700 11,400 3,450 3,100 2,400 3,100 80,150 $ 25,150 In July, 28,000 meals were actually 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 (q) 28,000 $109,200 Revenue ($3.909) Expenses: Raw materials ($2.109) Wages and salaries ($6,000+ $0.209) Utilities ($2,100 + $0.059) Facility rent ($3,100) Insurance ($2,400) Miscellaneous ($400 + $0.109) Total expense Net operating income 58,800 11,600 3,500 3,100 2,400 3,200 82,600 $ 26,600 Required: 1. Calculate the company's 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.)