Chapter 9 29,000 $ 124,700 Flight Caf Planning Budget For the Month Ended July 31 Budgeted meals (9) Revenue ($4.30q) Expenses: Raw materials ($2.30g) Wages and salaries ($6,100 + $0.20g) Utilities ($1,800 + $0.059) Facility rent ($3,300) Insurance ($2,200) Miscellaneous ($800 + $0.109) Total expense Net operating income 66,700 11,900 3,250 3,300 2,200 3,700 91,050 $ 33,650 In July, 30,000 meals were actually served. The company's flexible Flight Caf Flexible Budget For the Month Ended July 31 Budgeted meals (9) 30,000 $129,000 Revenue ($4.30g) Expenses : Raw materials ($2.300) Wages and salaries ($6,100+ $0.20g) Utilities ($1,800 + $0.059) Facility rent ($3,300) Insurance ($2,200) Miscellaneous ($800 + $0.10) Total expense 69,000 12,100 3,300 3,300 2,200 3,800 93,700