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: Flights (q) Revenue ($355.00g) Expenses: Vulcan Flyovers Operating Data For the Month Ended July 31 Wages and salaries ($3,600 + $85.00) Fuel ($34.00q) Airport fees ($840 +$32.00q) Aircraft depreciation ($8.00q) Office expenses ($230 +$1.00q) Total expense Net operating income Flexible Budget Planning Budget Actual Results 56 56 54 $ 16,300 $ 19,880 $ 19,170 8,330 8,360 8,190 2,066 1,904 1,836 2,522 2,632 2,568 448 448 432 454 286 284 13,820 13,630 13,310 $ 2,480 $ 6,250 $ 5,860 The company measures its activity in terms of flights. Customers can buy individual tickets for overflights or hire an entire plane for an overflight at a discount.