Vulcan Flyovers offers scenic overflights of Mount St. Helens, the volcano in Washington State that explosively erupted in 1982. Data concerning the companys operations in July appear below:

Vulcan Flyovers Operating Data For the Month Ended July 31
	Actual Results		Flexible Budget		Planning Budget
Flights (q)		52		52		50
Revenue ($345.00q)	$	16,000	$	17,940	$	17,250
Expenses:
Wages and salaries ($3,000 + $91.00q)		7,690		7,732		7,550
Fuel ($34.00q)		1,930		1,768		1,700
Airport fees ($820 + $32.00q)		2,344		2,484		2,420
Aircraft depreciation ($10.00q)		520		520		500
Office expenses ($220 + $1.00q)		440		272		270
Total expense		12,924		12,776		12,440
Net operating income	$	3,076	$	5,164	$	4,810

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:

1. Complete the flexible budget performance report abstract for July. (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.)