Vulcan Flyovers offers scenic overflights of Mount Saint Helens. Data concerning the company's operations in July appear below: Flights (q) Revenue ($350.00g) Expenses: Wages and salaries ($3,800 + $88.00g) Fuel ($31.00q) Airport fees ($820 + $32.00g) Aircraft depreciation ($10.00q) Office expenses ($210+ $1.00q) Total expenses Net operating income Flights Revenue Expenses: Vulcan Flyovers Operating Data For the Month Ended July 31 Wages and salaries Fuel Airport fees Aircraft depreciation Office expenses Total expenses Net operating income Actual Results $ 16,400 9,044 2,028 2,625 600 438 Actual Results 14,735 1,665 60 $ 16,400 The company measures its activity in terms of flights. Customers can buy individual tickets for overflights or hire an en 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 eff (i.e., zero variance). Input all amounts as positive values. Planning Budget 58 20,300 8.904 580 6,074

Vuican Flyovers offers scenic overilights of Mount Salnt Helens. Date conceming the company's operations in July appear betowe The company measures its activity in terms of flights. Customers can buy individual tickets for overflights or hire an en 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 eff (0.e., zero varlance). Input alf amounts as positive values. Vuican Flyovers offers scenic overilights of Mount Salnt Helens. Date conceming the company's operations in July appear betowe The company measures its activity in terms of flights. Customers can buy individual tickets for overflights or hire an en 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 eff (0.e., zero varlance). Input alf amounts as positive values