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I can not get a correct answer. Please show the steps so I can see where I'm going wrong. Vulcan Flyovers offers scenic overflights of

I can not get a correct answer. Please show the steps so I can see where I'm going wrong.

image text in transcribed 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 Flights (q) Revenue ($345.00q) Actual Results Flexible Budget 62 62 $16,200 Planning Budget 60 $21,390 $20,700 Expenses: Wages and salaries ($3,200 + $87.00q) 8,560 8,594 8,420 Fuel ($32.00q) 2,150 1,984 1,920 Airport fees ($830 + $31.00q) 2,622 2,752 2,690 Aircraft depreciation ($8.00q) 496 496 480 Office expenses ($240 + $1.00q) 470 302 300 Total expense 14,298 14,128 13,810 Net operating income $1,902 $7,262 $6,890 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. Complete the flexible budget performance report abstract for July. (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.) Revenue Expenses: Wages and salaries Fuel Airport fees Aircraft depreciation Office expenses Vulcan Flyovers Flexible Budget Performance Report For the month Ended July 31 Revenue and Spending Variances Activity Variances (F, U, None) (F, U, None) _________ __________ __________ __________ --------------_________ --------------------------------------------- -------------__________ ------------------------------------------------- ---------------__________ ----------------------------------------------- --------------__________ --------------------------------------------- Total expenses Net operating Income

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