Flight Cafe Flexible Budget For the Month Ended July 31 Budgeted meals (q) . . . . . 17,800 Revenue ($4.50q) . . . . . $80,100 Expenses: Raw materials ($2.40q) . .. 42,720 Wages and salaries ($5,200 + $0.30q) 10,540 Utilities ($2,400 + $0.05q) . . . .. 3,290 Facility rent ($4,300) .. ... 4,300 Insurance ($2,300) . . . .. 2,300 Miscellaneous ($680 + $0.10q) .. 2,460 Total expense . . . . 65,610 Net operating income . . . $14.490