of cruises and the number of passengers. The company publishes a schedule of day cruises that it may supplement with special sailings if there is sufficient demand. Up to 88 passengers can be accommodated on the tour boat. Data concerning the company's cost formulas appear below: For example, vessel operating costs should be $6,600 per month plus $474.00 per cruise plus $3.30 per passenger. The company's sales should average $32.00 per passenger. In July, the company provided 59 cruises for a total of 3,050 passengers. Required: Prepare the company's flexible budget for July