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 $($$$360\mathrm{.}00$q$)$ $ $16,200$ $ $19,800$ $ $19,080$

Expenses:

Wages and salaries $($$$3,500+$ $$89\mathrm{.}00$q$)8,3578,3958,217$

Fuel $($$$32\mathrm{.}00$q$)1,9261,7601,696$

Airport fees $($$$890+$ $$31\mathrm{.}00$q$)2,4802,5952,533$

Aircraft depreciation $($$$9\mathrm{.}00$q$)495495477$

Office expenses $($$$220+$ $$1\mathrm{.}00$q$)443275273$

Total expenses $13,70113,52013,196$

Net operating income $ $2,499$ $ $6,280$ $ $5,884$

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.