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 compary measures its activity in terms of flights. Custogers 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. Note: Indicate the effect of each vorionce by selecting "F" for favorable, "U" for unfavoroble, and "None" for no effect fie., zero variance). Input all omounts os positive values. 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 fovorable, "U" for unfovorable, and "None" for no effect (i.e., zero voriance). Input all amounts as positive volues