400 points port The schools Tip Top Figh Schools inglesosat a small budget to actress Arc e portes Toto School c ort For the Month Ended 31 and mana 2200 Aircraft depreciation 9.450 2770 Ground facity expenses Total pense Net per income 22/DOS 2015 105 After several months of using such variance reports the owner has become frustrated For example she is quite content that instructor w y c omed the porth The planning budget was developed using the following formulas where is the number of lessons sold Reve 5215 Aircraft depreciation 557051 Ground city expenses Administracion 4170 +31 Type here to search Required 2. Complete the flexible budget performance report for the school for all amounts as positive values.) indicate the effect of each wariance TipTop Flight School Flexible Budget perfomance Report For the Month Ended July 31 Revenue and Spending 155/ $ 332007 s 2000 Revenue Expenses Instructor wages Aircraft depreciation 1 5 .58 Base Maintenance Ground facility expenses Administration Total expense Net operating income 27 30 5 .3951 5