TipTop Filght School offers flylng lessons at a small municipal alrport. The school's owner and manager has been attempting to evaluate performance and control costs using a varlance report that compares the planning budget to actual results. A recent varlance report appears below: After several months of using these reports, the owner has become frustrated. For example, she is quite confident that Instructor wages were very tightly controlled In July, but the report shows an unfavorable varlance. The planning budget was developed using the following formulas, where q is the number of lessons sold: Required: 2. Complete the flexible budget performance report for the school for July. (Indlcate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (I.e., zero varlance). Input all amounts as positive values.)