Puget Sound Divers is a compony that provides diving services such as underwater ship repairs to clients in the Puget Sound area. The company's planning budget for Moy appears below: During May, the company's actual activity was 290 diving-hours. Required: Prepore a flexible budget for May. (Round your answers to the nearest whole number) Required: Prepare a flexible budget for May. (Round your answers to the nearest whole number.) 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: In July. 21,000 meals were actually served. The company's flexible budget for this level of activity appears below: Required: 1. Colculate 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.) 1. Calculate the company's activity variances for July. (Indicate the effect of each variance by selecting "F" for favorable, "U" for Required: unfavorable, and "None" for no effect (Le., zero variance). Input all amounts as positive values.) AirQual Test Corporation provides on-site air quality testing services. The company has provided the following cost formulas and actual results for the manth of February: The company uses the mumber of jobs as its measure of activity for exampie, mobile lab operating expenses should be $4.800 plus $34 per job, and the actual mobile lab operating expenses for February were $9,060. The company expected to work 130 jobs in February, but actualy worked 136jobs. Required: Prepare a flexble budget performance report showing AirGual Test Corporation's revenue and spending variances and activity vaciances for February. (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.) 3==