Vessel operating costs Advertising Administrative costs Insurance Fixed Cost per Cost per Cruise Cost per Passenger Month $ 6,700 $ 470.00 $ 3.30 $ 3,000 $ 5,900 $ 3,000 $ 32.00 $ 1.50 For example, vessel operating costs should be $6,700 per month plus $470.00 per cruise plus $3.30 per passenger. The company's sales should average $30.00 per passenger. In July, the company provided 56 cruises for a total of 3,200 passengers. Required: Prepare the company's flexible budget for July. Alyeski Tours Flexible Budget For the Month Ended July 31 Actual cruises Actual passengers Revenue Expenses: Vessel operating costs Advertising Administrative costs Insurance Total expense 0 Net operating income $ 0