4 ook int int ences Vulcan Flyovers offers scenic overflights of Mount Saint Helens. Data concerning the company's operations in July appear below: Vulcan Flyovers Operating Data For the Month Ended July 31 Flights (q) Revenue ($340.00q) Expenses: Wages and salaries ($3,600 + $89.00q) Fuel ($32.00q) Airport fees ($810 + $34.00g) Aircraft depreciation ($9.00q) Office expenses ($220+ $1.00q) Total expenses Net operating income Actual Results 56 $ 16,200 Actual Results Saved 8,546 1,958 2,604 504 444 14,056 $ 2,144 Flexible Budget 56 $ 19,040 8,584 1,792 2,714 504 276 13,870 $ 5,170 Planning Budget Vulcan Flyovers Flexible Budget Performance Report For the Month Ended July 31 54 $ 18,360 Flexible 8,406 1,728 2,646 The company measures its activity in terms of flights. Customers can buy individual tickets for overflights or hire an entire plane at discount. 486 274 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. 13,540 $ 4,820 Planning Hel

Vulcan Flyovers offers scenic overflights of Mount Saint Helens. Data concerning the company's 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. Ine company measures its activity in terms or mignts. Lustomers can ouy inaiviual tickets tor overmints or nire an entire piane 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