Vulcan Flyovers offers scenic overflights of Mount Saint Helens. Data concerning the company$$s operations in July appear below:

Vulcan Flyovers

Operating Data

For the Month Ended July $31$

Actual Results Flexible Budget Planning Budget

Flights $($q$)595957$

Revenue $($$$350\mathrm{.}00$q$)$ $ $16,300$ $ $20,650$ $ $19,950$

Expenses:

Wages and salaries $($$$3,600+$ $$91\mathrm{.}00$q$)8,9278,9698,787$

Fuel $($$$33\mathrm{.}00$q$)2,1111,9471,881$

Airport fees $($$$860+$ $$32\mathrm{.}00$q$)2,6132,7482,684$

Aircraft depreciation $($$$10\mathrm{.}00$q$)590590570$

Office expenses $($$$220+$ $$1\mathrm{.}00$q$)447279277$

Total expenses $14,68814,53314,199$

Net operating income $ $1,612$ $ $6,117$ $ $5,751$

The company measures its activity in terms of flights. Customers can buy individual tickets for overflights or hire an entire plane at a discount.

Required:

$1.$ Prepare a flexible budget performance report for July.

Note: Indicate the effect of each variance by selecting $"$F$"$ for favorable, $"$U$"$ for unfavorable, and "None" for no effect $($i$.$e$.,$ zero variance$).$ Input all amounts as positive values.