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:

$\backslash$table$[[\backslash$table$[[$Vulcan$],[$Operati$],[$For the Month$]],\backslash$table$[[],[$Actual$],[$Results$]],\backslash$table$[[$Flexible$],[$Budget$]],\backslash$table$[[$Planning$],[$Budget$]]],[$Flights $($q$),57,57,55],[$Revenue $($$$345\mathrm{.}00$q$),$$$16,200,$$$19,665,$$$18,975],[$Expenses:$],[$Wages and salaries $($$$3,600+$$$88\mathrm{.}00$q$),8,580,8,616,8,440],[$Fuel $($$$31\mathrm{.}00$q$),1,935,1,767,1,705],[$Airport fees $($$$830+$$$30\mathrm{.}00$q$),2,420,2,540,2,480],[$Aircraft depreciation $($$$10\mathrm{.}00$q$),570,570,550],[$Office expenses $($$$240+$$$1\mathrm{.}00$q$),465,297,295],[$Total expense,$13,790,13,470],[$Net operating income,$$2,230,$$$5,875,$$$5,505]]$

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:

Prepare a flexible budget performance report for July that includes revenue and spending variances and activity variances.

Note: 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.

$\backslash$table$[[$Vulcan Flyovers$],[$Flexible Budget Performance Report$],[$For the Month Ended July $31],[,$Actual Results,,$\backslash$table$[[$Flexible$],[$Budget$]],,\backslash$table$[[$Ining$],[$iget$]]],[$Flights$,57,,57,,55],[$Revenue$,16,200,,19,665,$$$,18,975],[$Expenses:$],[$Wages and salaries,$8,580,,8,616,,8,440],[$Fuel$,1,935,,1,767,,1,705],[$Airport fees,$2,420,,2,540,,2,480],[$Aircraft depreciation,$570,,570,,550],[$Office expenses,$465,,297,,295],[$Total expense,$13,970,,13,790,,13,470],[$Net operating income,$2,230,,5,875,$$$,5,505]]$