Need help putting together this flexible budget performance.

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 Actual Flexible Planning Results Budget Budget Flights (q) 62 62 60 Revenue ($345.00q) $16,400 $21,390 $20,700 Expenses: Wages and salaries ($3,600 + $89.00q) 9,080 9,118 8,940 Fuel ($33.00q) 2, 210 2, 046 1, 930 Airport fees ($840 + $31.00q) 2,642 2,762 2,700 Aircraft depreciation ($10.00q) 620 620 600 Office expenses ($200 + $1.00q) 430 262 260 Total expense 14,982 14,808 14,480 Net operating income $ 1'418 $ 51582 $ 6:220 ' 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 (i.e., zero variance). Input all amounts as positive values.)