Vulcan Flyovers offers scenic overflights of Mount Saint Helens, the volcano in Washington State that explosively erupted in 1982 . Data concerning the company's operations in July appear below: The company measures its activity in terms of flights. Customers can buy individual tickets for overflights or hire an entire plane for an overlight at a discount. Required: 1. Prepare a flexible budget performance report for July that includes revenue and spending variances and activity vatiances. (Indicate the effect of each voriance by selecting "F" for fovorable, "U" for unfovorable, and "None" for no effect (i.e., zero voriance). Input all amounts as positive values.)