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 ($355.009) Expenses: Wages and salaries ($3,500 + $87.009) Fuel ($31.009) Airport fees ($870 + $33.009) Office expenses ($210 + $1.009) Aircraft depreciation ($9.009) Total expense Net operating income Actual Results Flexible Budget Planning Budget 59 59 57 $ 16,000 $ 20,945 $ 20,235 8,599 8,633 8,459 1,997 1,829 1,767 2,697 2,817 2,751 531 531 513 437 269 267 14,261 14,079 13,757 $ 1,739 $ 6,866 $ 6,478 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.