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Extracted text: Flight Café prepares in-flight meals for airlines in its kitchen located next to a local airport. The company's planning budget for July appears below: Flight Café Planning Budget For the Month Ended July 31 Budgeted meals (q) 24,000 Revenue ($4.10q) Expenses: Raw materials ($2.10g) Wages and salaries ($6,000 + $0.20g) Utilities ($1,900 + $0.05g) Facility rent ($3,500) Insurance ($2,700) Miscellaneous ($800 + $0.10q) Total expense $98,400 50,400 10,800 3,100 3,500 2,700 3,200 73,700 $24,700 Net operating income In July, 25,000 meals were actually served. The company's flexible budget for this level of activity appears below: Flight Café Flexible Budget For the Month Ended July 31 Budgeted meals (q) 25,000 Revenue ($4.10g) Expenses: Raw materials ($2.10q) Wages and salaries ($6,000+ $0.20g) Utilities ($1,900 + $0.05g) Facility rent ($3,500) Insurance ($2,700) Miscellaneous ($800 + $0.10g) Total expense $102,500 52,500 11,000 3,150 3,500 2,700 3,300 76,150 $ 26,350 Net operating income Required: 1. Calculate the company's activity variances for July. (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.)