Tip Top Flight school offers tying lessons at a small municipal airport. The school's owner and manager has been attempting to evaluate performance and control costs using a variance report that compares the planning budget to actual results. A recent variance report appears below: After several months of using such variance reports, the owner has become For example she is quite confident that instructor wages were very lightly controlled in July, but the report shows an unfavorable variance. The planning budget was developed using the following formats, were q is the number of lessons sold. Complete the flexible budget performance report for the school for July