M Question Connect Assign - Correct C Search Textbook on Choo.com Connect Assign 6 CH 9 Help Save & Exit Check my 1 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. 333 points Vulcan Flyovers Operating Data For the Month Ended July 31 Actual viexible Planning Results budget Badget 57 57 55 Flights to llock $ 16,000 $19,950 $ 19.250 1,760 Revenge ($350.000) Expenses Mages and salaries ($3,800 + $85.009) Puel (932.000) Airport fees ($850 + $35.009) Aircraft depreciation ($11.009) office expenses (5200 51.000) Total expense Net operating income 8,615 8,645 8,475 1.990 1.824 2,730 2,845 2,175 627 627 605 425 252 14,369 14,198 13.970 $ 1,613 5 5,752 5.380 255 References 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 variances, (Indicate the effect of each variance by selecting "F* for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance). Input all amounts as positive values.) M. Connect CH Connect sign 6 CH 9 0 The company measures its activity in terms of flights. Customers can buy individual tickets for overlights or hire an entire plane for a overflight at a discount Required: 1. Prepare a flexible budget performance report for July that includes revenue and spending variances and activity variances (Indica the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None for no effect (le, zero variance). Input all amounts as positive values.) Vulcan Flyovers Flexible Budget Performance Report For the Month Ended July 31 Flexible Budget Actual Results Planning Budget 55 Fights 57 57 $ 16,000 $ 19.950 5 19.250 Rovane Expenses Wages and so Fuel Airport to Alrcraft depreciation Orice expenses 8,615 1.990 8.475 1700 2.730 627 425 14,387 1,613 3,645 1.824 2.845 627 257 14.190 5.752 2.775 805 255 13,870 5,880 Total expense Net operating income $ $ $ Prev 1 of 3 !!! Next > MacBook Pro & # 3 $ 4 5 2 6 7 g 8 9 O W E E R T Y U
