Flight Cafe 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) 03 Revenue ($4.500) Expensest Raw materials ($2.009) Utilities (51,900 Wages and salaries ($6,300 +$0.20) Facility rent ($3,400) $0.050) Insurance ($2,900) Miscellaneous ($800 $0.10g) es Total expense Net operating income 21,000 $94,500 42,000 10,500 2,950 3,400 2,980 2,900 64,658 $ 29,850 In July, 22,000 meals were actually served. The company's flexible budget for this level of activity appears below: Flight Caf Flexible Budget Budgeted meals (a) Revenue ($4.50g) Expenses: For the Month Ended July 31 Raw materials ($2.00q) Wages and salaries ($6,300+ 50.200) Utilities ($1,900 $0.05) Facility rent ($3,400) Insurance ($2,900) Miscellaneous ($800 +10.109) Total expense Net operating income 22,000 $ 99,000 44,000 10,700 3,000 3,400 2,900 3,000 67,088 $ 32,000