09-1

Vulcan Flyovers offeis scenic overflights of Mount Saint Helens. Data conceming the company's operations in July appear belows The company measures its activity in terms of flights. Customers can buy individual tickets for overfights 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 fovorable, " U " for unfavorable, ond "None" for no effect (i.e., zero verience). Input all omounts os positive values. The company measures its activity in terms of flights. Customers can touy individual tickets for overfights 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 fovorable, " U " for unfovorable, and "None" for no effect (i.e, zero verionce). Input all amounts as positive values