Flight Cate prepares in-flight meals for airiines in its kitchen located next to a local airport. The company's planning budget for July oppears below: In Jily, 29,000 mesls were actually served. The company's flexitle budget for this level of activity appears below: Required: 1. Colculate the company's acivity variances for July. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfevorable, and "None" for no effect (i.e, zero variance). Input al amounts as positive values) 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.)