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: Vulcan Flyovers Operating Data For the Month Ended July 31 Flights (9) Revenue ($345.009) Expenses: Wages and salaries ($3,100 $87.00q) Fuel ($31.009) Airport fees ($850 + $34.00q) Aircraft depreciation ($9.00q) Office expenses ($230 + $1.000) Total expense Net operating income Actual Results Flexible Budget Planning Budget 58 58 56 $16,500 $ 20,010 $ 19,320 8,112 8,146 7,972 1,966 1,798 1,736 2,707 2,822 2,754 522 522 584 456 288 286 13,763 13,576 13,252 $ 2,737 $6,434 $ 6,068 The company measures its activity in terms of flights. Customers can buy individual tickets for overflights or hire an entire plane for an < Prev 4 of 4 Word Next > Chack my wak 1 Prepare a Desible budget performance report for July that includes revenue and spending vertences and activity variances indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (ie, zero variances, Input all amounts as positive values.) Fexible Budget Performance Report For the Math Endet ady at Actual Results Tisible Ping Budget Flights Revenue S 16.500 Expenses Vagand L112 FUN LAN Airport 2.707 58 3 20.010 18320 340 7372 1,796 SOR 0 2822 2754