Tiptop Flight School offers flying lessons at a small municipal airport. The school's owner and manager has been athempting to evaluate performance and control costs using a variance report that compares the planning budget to actual results. A recent variance report appears below: Ater several months of using these reports, the owner has become frustrated. For example, she is quite confident trat ingructor wopes were very tightly controlied in July, but the report shows an unfavorable variance. The planning budget was developed using the following formutas where q is the number of lessons sald : Required; 2. Complete the flexible budget performance report for the school for July findicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e.. zero variance), Input all amounts as positive values.)