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Flight Cate prepares in-flight meals for airlines in its kitchen located next to a local airport. The company's planning budget for July oppears below: In

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Flight Cate prepares in-flight meals for airlines in its kitchen located next to a local airport. The company's planning budget for July oppears below: In July, 23,000 meals were actually served. The company's flexible budget for this level of activity appears below. Required: Calculate the company's activity variances for July. (lndicate 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.)

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