Help Save & En Check my 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 Dots For the Month Ended July 31 Actual Fledible Planning Results Budget Budget Flights (9) 61 59 Revenue (5360.000) $ 16,400 $21.9605 21.240 Expenses Mages and salaries (53,400 591.600) 3,951 8,709 Fuel (531.000 2,059 1.29 Airport fees (5810 + 534.000) 2,744 2,816 Aircraft depreciation (510.000) 610 5.90 office expenses ($238 + $1.000) Total expense 34.627 51.619 57.533 56,147 Niet operating income 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 variance Indicate the effect of och variance by selecting "F" for favorable. "U" for unfavorable, and "None" for no effectie 2010 variance). Input all amounts os positive values 12 13 Next > search O hp 14 ba orts THE $ 4 5 6 & 7 8 0) O badat um och { R T T Y O P [ ]