Vulcan Flyovers offers scenic overfilghts of Mount Saint Helens, the volcano In Washington State that explosively erupted In 1982. Data concerning the company's operations in July appear below: The company measures its actlvity in terms of flights. Customers can buy Individual tickets for overflights or hire an entire plane for an overfight at a discount. Required: 1. Prepare a flexible budget performance report for July that Includes revenue and spending varlances and actlvity varlances. (Inclicate the effect of each varlance by selectlng "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero varlance). Input all amounts as positlve values.)