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: The company measures its activity in terms of fights. Customers can buy indlividual tickets for overflights or hire on entire plane for an overfilght at a discount. Required: 1. Prepare a flexible budget performance report for July thot 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 (li.e, zero variance), Input all amounts as positive values.)