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 $($$$355\mathrm{.}00$q$)$ $ $16,300$ $ $19,525$ $ $18,815$

Expenses:

Wages and salaries $($$$3,700+$ $$86\mathrm{.}00$q$)8,3988,4308,258$

Fuel $($$$33\mathrm{.}00$q$)1,9791,8151,749$

Airport fees $($$$820+$ $$31\mathrm{.}00$q$)2,4152,5252,463$

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

Office expenses $($$$210+$ $$1\mathrm{.}00$q$)433265263$

Total expenses $13,72013,53013,210$

Net operating income $ $2,580$ $ $5,995$ $ $5,605$

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.