TipTop Fight School offers flying lessons ot o small municipal airport. The school's owner and manoger hos been attempting to evolubte performence ond control costs using o varisnce teport thot compores the planning budiget to octual results. A recent variance report oppecis below: After several months of using these reports, the owner hos become frustroted. For example, she is quite confident that instructor woges were very tightly controlled in July, but the report shows on unfovorable variance. The plonning budiget was developed using the following formulas, where ais the number of lessons sold: Required: 2 Complete the flexible budiget performonce report for the school for July. (lndicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (Le., zero varlance). Input all amounts as positive values.)