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Flight Caf prepares in-flight meals for airlines and its planning budget for July appears below:...

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Accounting

Flight Caf prepares in-flight meals for airlines and its planning budget for July appears below:
In July, 27,000 meals were actually served. The company's flexible budget for this level of activity appears below:
Required:
Calculate the company's activity variances for July.
Note: 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.
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