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) 29,969 Revenue ($4.99q) $ 89,969 Expenses: Raw materials ($2.96q) 49,969 Wages and salaries ($6,499 + $9.26q) 19,469 Utilities ($1,896 + $9.95q) 2,869 Facility rent ($3,699) 3,669 Insurance ($2,399) 2,369 Miscellaneous ($699 + $9.19q) 2,669 Total expense 61,769 Net operating income 3 18,369 In July, 21,000 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) 21,699 Douanlln ('14 QHn' .4; 24.998 In July, 21,000 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) 21,000 Revenue ($4.00q) $ 84,000 Expenses: Raw materials ($2.00q) 42,000 Wages and salaries ($6,408+ $0.20q) 10,600 Utilities ($1,800 + $0.05q) 2,850 Facility rent ($3,600) 3,600 Insurance ($2,300) 2,300 Miscellaneous ($600 + $0.10q) 2,700 Total expense 64,050 Net operating income $ 19,950 Required: 1. Calculate the company's activity variances for July. Note: 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. Required: 1. Calculate the company's activity variances for July. Note: 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. Revenue Expenses: Raw materials Wages and salaries Utilities Facility rent Insurance Miscellaneous Total expense Net operating income