Vessel operating costs Advertising Administrative costs Insurance Fixed Cost per Month Cost per Cruise $ 472.00 Cost per Passenger $ 3.10 $ 6,500 $ 2,300 $ 5,300 $ 3,600 $ 31.00 $ 1.50 For example, vessel operating costs should be $6,500 per month plus $472.00 per cruise plus $3.10 per passenger. The company's sales should average $30.00 per passenger. In July, the company provided 51 cruises for a total of 3,100 passengers. Required: Prepare the company's flexible budget for July. Alyeski Tours Flexible Budget For the Month Ended July 31 Revenue Expenses: Vessel operating costs Advertising Administrative costs Insurance Total expense Net operating income