Che Exercise 9-4 Prepare a Flexible Budget Performance Report [LO9-4) Flights (g) 16,000 $21,350 $20,650 The company overflight at a discount. in terms of flights. Customers can buy individual tickets for overflights or hire an entire plane for an measures its activity revenue and spending variances and activity variances. (Indicate the effect of each variance by selecting "F for favorable, "U" for unfavorable, and "None" for no effect ( .e., zero variance). Input KPrev 4 of5 Next > 13