Flight Cafe prepares In-flight meals for alrlines in Its kitchen located next to a local...
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Accounting
Flight Cafe prepares In-flight meals for alrlines in Its kitchen located next to a local alrport. The company's plannIng budget for July appears below: In July, 29,000 meals were actually served. The company's flexible budget for this level of actlvity appears below: Required: 1. Calculate the company's actlvity varlances for July. (Indlcate the effect of each varlance by selectlng "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero varlance). Input all amounts as positlve values.)
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