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$)575755$

Revenue $($$$350\mathrm{.}00$q$)$ $ $16,400$ $ $19,950$ $ $19,250$

Expenses:

Wages and salaries $($$$3,500+$ $$86\mathrm{.}00$q$)8,3708,4028,230$

Fuel $($$$34\mathrm{.}00$q$)2,1001,9381,870$

Airport fees $($$$860+$ $$33\mathrm{.}00$q$)2,6162,7412,675$

Aircraft depreciation $($$$9\mathrm{.}00$q$)513513495$

Office expenses $($$$250+$ $$1\mathrm{.}00$q$)475307305$

Total expenses $14,07413,90113,575$

Net operating income $ $2,326$ $ $6,049$ $ $5,675$

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.