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omework Saved Help 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: Flight Cafe Planning Budget For the Month Ended July 31 Budgeted meals (9) 18,000 $81,000 Revenue ($4.509) Expenses : Raw materials ($2.409) Wages and salaries ($5,200 + $0.309) Utilities ($2,400 + $0.059) Facility rent ($4,300) Insurance ($2,300) Miscellaneous ($680 + $0.109) Total expense Net operating income 43,200 10,600 3.300 4,300 2,300 2.480 66,180 $14,820 In July, 17,800 meals were actually served. The company's flexible budget for this level of activity appears below. Plight Caf Plexible Budget For the Month Ended July 31 Budgeted meals (9) 17.800 $80, 100 42,720 10,540 Revenue ($4.509) Expenses: Raw materials ($2.409) Wages and salaries ($5,200 + $0.309) Next >