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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

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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: The company measures its activity in terms of flights. Customers can buy individual tickets for overllights 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. Note: Indicate the effect of each variance by selecting "F" for favorable, " U " for unfavoroble, and "None" for no effect (i.e., zero varionce). Input all amounts os positive values

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