TipTop Flight School offers flying 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 eport appears below: After several months of using these reports, the owner has become frustrated. For example, she is quite confident that instructor vages were very tightly controlled in July, but the report shows an unfavorable variance. Required: 2. Complete the flexible budget performance report for the school for July. (Indicate the effect of each variance by selecting "F" for avorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)