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 Cafe Planning Budget For the Month Ended July 31 Budgeted meals (a) 29,000 Ravenue ($4.00) $116,000 Expenses Raw materials ($1.989) 55,100 Wages and salaries (56,300 + $0.209) 12,100 Utilities ($1,900 + se.859) 3,350 Facility rent ($9,480) 3,480 Insurance ($2,500) 2,560 Miscellaneous ($600 + $0.189) 3,500 Total expense 79.950 Net operating income 5 36,050 In July 30,000 meals were actually served. The company's flexible budget for this level of activity appears below. Flight Cafe In July 30,000 meals were actually served. The company's flexible budget for this level of activity appears below Flight Cafe Flexible Budget For the Month Ended July 31 Budgeted meals (9) 30,000 Revenue (54.609) $120,000 Expenses: Raw materials ($1.909) 57,000 Wages and salaries (56,300+ $0.209) 12,300 Utilities ($1,900 - 50.059) 3,400 Facility rent ($3,400) 3,400 Insurance ($2,500) 2,500 Miscellaneous ($600 + $0.109) 3.600 Total expense 82,200 Net operating income $ 37,800 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 (.e., zero variance). Input all amounts as positive values.)