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#3- 14-Flexible Budget Mt. Hood Air offers scenic overflights of Mt. hood and the Columbia River gorge. 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: Complete the flexible budget performance report below e Planning Buget Actvity Varlances Expemes: Wages & salaries (58,800+ $5.00 Fuel (54000) Airpert fees 15870+530.0) Airerat depreciation ($30.00) Office expenses (5200 $.00)17sg lO 2 SO 4270 1O Net operating income #3- 14-Flexible Budget Mt. Hood Air offers scenic overflights of Mt. hood and the Columbia River gorge. 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: Complete the flexible budget performance report below e Planning Buget Actvity Varlances Expemes: Wages & salaries (58,800+ $5.00 Fuel (54000) Airpert fees 15870+530.0) Airerat depreciation ($30.00) Office expenses (5200 $.00)17sg lO 2 SO 4270 1O Net operating income