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Exercise 9-4 Prepare a Flexible Budget Performance Report [LO9-4] Vulcan Flyovers offers scenic overflights of Mount St. Helens, the volcano in Washington State that explosively
Exercise 9-4 Prepare a Flexible Budget Performance Report [LO9-4] 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 For the Month Ended July 31 1ts 58 Flights (g) 58 56 Revenue ($355.00g) S 16,300 $ 20,590 $19,880 Nages and salaries ($3,400 $89.00g) Fuel ($31.00g) Airport fees ($840$30.00g) Aircraft depreciation (s8.00g) Office expenses ($230 $1.00g) 8,524 8,562 8,384 1,966 1,798 1,736 2,4702,580 2,520 464 456 286 13.880 13.692 13,374 $ 2,420 $6,898 $ 6,506 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 an Flexible S 16,300 8,384 1,736 1,966 Fuel 2.470 456 se 2.420
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