could u please help me with this , to prepare rhe budget
59 Vulcan Flyovers offers scenic overflights of Mount St. Helens, the volcano in Washington State that explosively erupted in 1982. Data concerning the company's operations in July appear below: Vulcan Flyovers Operating Data For the Month Ended July 31 Actual Flexible Planning Results Budget Budget Flights (9) 59 57 Revenue (5355.000) $ 10,100 $20,945 $20,235 Expenses: Wages and salaries ($3,200 $92.000) 8,584 8.628 8,444 Fuel (531.009) 1,097 1,820 1,767 Airport fees (5870 - $35.000) 2.810 2,935 2,865 Aircraft depreciation (58.009) 472 472 456 office expenses ($200 + $1.009) 427 257 Total expense 14, 290 14. 123 13,789 Net operating income $ 1,810 $ 6,822 $ 6, 446 259 The company measures its activity in terms of flights. Customers can buy individual tickets for overflights or hire an entire plane for an overflight at a discount. Required: 1. Prepare a flexible budget performance report for July that includes 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 (le, zero varlance). Input all amounts as positive values.) Required: 1. Prepare a flexible budget performance report for July that includes 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 i.e., zero variance). Input all amounts as positive values.) Vulcan Flyovers Flexible Budget Performance Report For the Month Ended July 31 + Flexible Budget 59 Actual Results Planning Budget 57 Flights 59 Revenue $ 16,100 $ 20,945 $ 20,235 Expenses: Wages and salaries Fuel Airport foes Aircraft depreciation Office expenses 8,584 1.997 2,810 472 8,628 1,829 2.935 472 259 8,444 1,767 2,865 456 427 Total expense 14 290 1,810 14.123 6,822 257 13,789 6,446 Net operating income $ $ $