Exercise 9-1 (Algo) Prepare a Flexible Budget [LO9-1] Puget Sound Divers is a company that provides diving services such as underwater ship repairs to clients in the Puget Sound area The company's planning budget for May appears below. Ouring May, the company's actual activity was 340 diving-houn Required: Prepare a fiexible budget for May. Note: Round your answers to the nearest whole number. Exercise 9-2 (Algo) Activity Variances [LO9-2] Fight Cale prepares in-flight meals for airfines in its kitchen located next to a local airport. The company's planning budget for July appears below: In July, 29.000 meals were actually served. The company's flexible budget for this level of activity appears below: Required: 1. Calculate the company's activity variances 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. Exercise 9-3 (Algo) Revenue and Spending Variances [LO9-3] Qulicene Oysteria farms and selis oysters in the Pacific Northwest. The company harvested and sold 7,200 pounds of oysters in August. The company's flexible budget for August appears below: The actual results for August were as follows: Required: Calculate the company's revenue and spending variances for August. Note: Indicate the effect of each variance by selecting "F" for favorable, " U " for unfavorable, and "None" for no effect (l.e, zero variance), Input all amounts as positive values. Exercise 9-4 (Algo) Prepare a Flexible Budget Performance Report [LO9-4] Vuican fiyovers offers scenic overtights of Mount Saint Helens, the volcano in Washington State that explosively erupted in 1982. Data concerning the companys operetions in July appear below: The compeny measures its activity in terms of fights. Customers can buy individual tickets for overlights or hire an entire plane for an overtight at a discount: Required: 1. Prepare a flexible budget performance report for July that includes revenue and spending varances and activity variances. Note: indicate the effect of each variance by selecting " F" for favorable, " U " for unfoverabit, and "None" for no effect (i.e, rero variance), Input alt amounts as pesitive values. Lavage Raplde is a Canadian company that owns and operates a large automatic car wash facilly near Montreal. The following table provides estinates concerning the company's costs: For example, electricity costs should be $1,500 per month plus $0.09 per car washed. The company expects to wash 8,200 cars in August and to collect an average of $6.50 per car washed. Required: Prepare the company/s planning budget for August