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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

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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 Actual Results Flexible Budget Planning Flights (q) Revenue ($350.00g) Expenses Wages and salaries ($3,600 +$86.00g) Fuel ($31.00q) Airport fees ($870 +$30.00g) Aircraft depreciation ($8.00g) office expenses ($250 +$1.00g) Total expense Net operating income Budget 55 55. 53 $ 16,400 $ 19,250 $ 18,550 8,298 8,330 8,158 1,873 1,705 1,643 2,375 2,520 2,460 440 440 424 473 305 13,459 13,300 303 12,988 $ 2,941 $ 5,950 $ 5,562 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.

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