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 $($$$350\mathrm{.}00$q$)$ $ $16,100$ $ $19,250$ $ $18,550$

Expenses:

Wages and salaries $($$$3,700+$ $$89\mathrm{.}00$q$)8,5578,5958,417$

Fuel $($$$30\mathrm{.}00$q$)1,8201,6501,590$

Airport fees $($$$890+$ $$30\mathrm{.}00$q$)2,4352,5402,480$

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

Office expenses $($$$250+$ $$1\mathrm{.}00$q$)473305303$

Total expenses $13,83513,64013,320$

Net operating income $ $2,265$ $ $5,610$ $ $5,230$

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.