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$)555553$

Revenue $($$$340\mathrm{.}00$q$)$ $ $16,200$ $ $18,700$ $ $18,020$

Expenses:

Wages and salaries $($$$3,200+$ $$86\mathrm{.}00$q$)7,8987,9307,758$

Fuel $($$$34\mathrm{.}00$q$)2,0321,8701,802$

Airport fees $($$$850+$ $$30\mathrm{.}00$q$)2,3752,5002,440$

Aircraft depreciation $($$$10\mathrm{.}00$q$)550550530$

Office expenses $($$$240+$ $$1\mathrm{.}00$q$)463295293$

Total expenses $13,31813,14512,823$

Net operating income $ $2,882$ $ $5,555$ $ $5,197$

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.