Vulcan Flyovers offers scenic overflights of Mount St. Helens, the volcano in Washington State that explosively erupted in 1982. Data concerning the company's operations in July appear below: Operating that The Month Ended uly Actual Tesla Monte het dont 61 61 59 Tights (9) Revenue (9340.000) Wages and salaries (8),000+ $88.0041 (934.000) Airport fees (800 $31.0091 Leatt deprecat.com 10.000) office expenses (1210. 01.004) Totale Het operating Income 0.16.400 120.240120,00 8,332 8,360 8,192 2,236 2.024 2006 2,581 2.691 2,629 610 610 590 439 271 269 10,198 14,016 13,606 #2,202 = 6.716 86.394 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. Prepare a flexible budget performance report for July that 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 (ezero variance). Input all amounts as positive values.) Filetaget Purformance Report For the Month Ended July 31 Flexible Budget Actual Planning Budget 59 61 61 MacBook Air 30 DO BER 44 > @ A * # 3 $ 4 % 5 & 7 6 8 9 0 W E R T T Y 0 neducation.com/edmaprindex.ht_con conexternal browser-launchur- h263A%252F%252Fima.meducation.com 252Fmoh.. and 10 Intro Help SC The company measures its activity in terms of flights Customers can buy individual tickets for overflights or hire an entire plane foran overflight at a discount Required: 1. Prepare a flexible budget performance report for July that includes revenue and spending variances and activity variances (indicate the effect of each variance by selecting for favorable, "U" for unfavorable, and "None" for no effect ... ero variance). Input all amounts as positive values.) For y 81 61 59 Reven 16.400 $ 20740 $ 20.000 Wand e360 Airport Andere 2350 2.500 010 100 14198 2.900 2.044 2091 610 271 14.04 8.12 2.000 2.620 500 200 13.600 374 Ngom 5 5 MacBook A 30 888 A F # * # 3 2 % 5 4 6 & 7 8 9 0 W E R T Y U S D F G