0.55 points Skipped eBook Hint Print References Vulcan Flyovers offers scenic overflights of Mount Saint Helens. Data concerning the company's operations in July appear below: Flights (q) Revenue ($355.00q) Vulcan Flyovers Operating Data For the Month Ended July 31 Expenses: Wages and salaries ($3,700 + $89.00q) Fuel ($32.00q) Airport fees ($870 + $32.00q) Aircraft depreciation ($9.00g) Office expenses ($220 + $1.00q) Total expenses Net operating income Actual Results 54 $ 16,400 8,468 1,894 2,468 486 442 13,7 $ 2,642 Flexible Budget 54 $ 19,170 8,506 1,728 2,598 486 274 13,592 $ 5,578 Planning Budget 52 $ 18,460 8,328 1,664 2,534 468 272 13,266 $ 5,194 The company measures its activity in terms of flights. Customers can buy individual tickets for overflights or hire an entire plane at a discount. Required: 1. Prepare a flexible budget performance report 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.

Vulcan Flyovers offers scenic overflights of Mount Saint Helens, Data concerning the companys operations in July appear below: The company measures its activity in terms of flights. Customers can buy individual tickets for overflights or hire an entire plane at a discount Required: 1. Prepare a flexible budget performance report 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. Required: 1. Prepare a nexibie uudget performance teport for Juby Note: Indicate the effect of each variance by selecting "F" for favotable, "U" for unfavorable, and "None" for no effect (i.e., zero variance), input all amounts as positive values