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Flight Caf prepares in-flight meals for airlines in its kitchen located next to a local...

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Accounting

Flight Caf 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, 30,000 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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