n.com Saved can Flyovers offers scenic overflights of Mount Saint Helens, the volcano in Washington S cerning the company's operations in July appear below: Vulcan Flyovers Operating Data For the Month Ended July 31 Flights (q) Revenue ($355.00q) Expenses: Wages and salaries ($3,500 + $91.009) Fuel ($33.009) Airport fees ($810 +$30.009) Aircraft depreciation ($10.009) Office expenses ($240 + $1.009) Total expense Net operating income Actual Results Flexible Budget Planning Budget 59 59 57 $ 16,300 $ 20,945 $ 20,235 8,827 8,869. 8,687 2,111 1,947 1,881 2,445 2,580 2,520 590 590 570 467 299 297 14,440 14,285 13,955 $ 1,860 $ 6,660 $ 6,280 The company measures its activity in terms of flights. Customers can buy individual tickets for overflight at a discount. Required: 1. Prepare a flexible budget performance report for July that includes revenue and spending va Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable. variance). Input all amounts as positive values. search Vulcan Flyovers Prev 1 of 2 Next > a T