{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-27T23:09:16-04:00", "answer_date": "2024-05-27 23:09:16", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1806028", "url": "\/study-help\/questions\/vulcan-flyovers-offers-scenic-overflights-of-mount-saint-helens-the-1806028", "question_creation_date_js": "2024-05-27T23:09:16-04:00", "question_creation_date": "May 27, 2024 11:09 PM", "meta_title": "[Solved] Vulcan Flyovers offers scenic overflights | SolutionInn", "meta_description": "Answer of - Vulcan Flyovers offers scenic overflights of Mount Saint Helens, the volcano in Washington State that explosively erup | SolutionInn", "meta_keywords": "vulcan,flyovers,offers,scenic,overflights,mount,saint,helens,volcano,washington,state,explosively", "question_title_h1": " 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", "question_title": " Vulcan Flyovers offers scenic overflights of Mount Saint Helens, the volcano", "question_title_for_js_snippet": "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 (q) Revenue ($355 00g) Expenses Wages and salaries ($3,100 $86 009) Fuel ($31 000) Airport fees ($830 $32 009) Aircraft depreciation ($9 009) Office expenses ($210 $1 000) Total expense Net operating income 3 Actual Results Flexible Budget Planning Budget 61 61 59 $ 16,100 $21,655 $ 20,945 8,314 8,346 8,174 2,059 1,891 1,829 2,632 2,782 2,718 549 549 531 439 271 269 13,993 13,839 13,521 $ 2,107 $ 7,816 $ 7,424 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 Required 1 Prepare a flexible budget performance report for July that includes revenue and spending variances and activity variances (Indicate the effect of each variance by selecting F for favorable, U for unfavorable, and None for no effect (i e , zero variance) Input all amounts as positive values )", "question_description": "\"image\"image", "transcribed_text": "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 (q) Revenue ($355.00g) Expenses: + Wages and salaries ($3,100 $86.009) Fuel ($31.000) Airport fees ($830 +$32.009) Aircraft depreciation ($9.009) Office expenses ($210 $1.000) Total expense Net operating income 3 Actual Results Flexible: Budget Planning Budget 61 61 59 $ 16,100 $21,655 $ 20,945 8,314 8,346 8,174 2,059 1,891 1,829 2,632 2,782 2,718 549 549 531 439 271 269 13,993 13,839 13,521 $ 2,107 $ 7,816 $ 7,424 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. Required: 1. Prepare a flexible budget performance report for July that includes revenue and spending variances and activity variances. (Indicate the effect of each variance by selecting \"F\" for favorable, \"U\" for unfavorable, and \"None\" for no effect (i.e., zero variance). Input all amounts as positive values.)", "related_book": { "title": "Financial accounting", "isbn": "978-0132751216, 132751127, 132751216, 978-0132751124", "edition": "9th edition", "authors": "Walter T. Harrison Jr., Charles T. Horngren, C. William Thom", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/247.jpg", "uri": "\/textbooks\/financial-accounting-9th-edition-247", "see_more_uri": "" }, "free_related_book": { "isbn": "0751534455", "uri": "\/textbooks\/greavsie-the-autobiography-1st-edition-978-0751534450-178060", "name": "Greavsie The Autobiography", "edition": "1st Edition" }, "question_posted": "2024-05-27 23:09:16", "see_more_questions_link": "\/study-help\/questions\/business-finance-2024-September-21", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/college-algebra-graphs-and-models\/the-table-shows-equivalent-temperatures-in-degrees-celsius-and-degrees", "description": "The table shows equivalent temperatures in degrees Celsius and degrees Fahrenheit. (a) Plot the data with Fahrenheit temperature on the x-axis and Celsius temperature on the y-axis. 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