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)		53		53		51
Revenue ($340.00q)	$	16,500	$	18,020	$	17,340
Expenses:
Wages and salaries ($3,100 + $89.00q)		7,779		7,817		7,639
Fuel ($31.00q)		1,811		1,643		1,581
Airport fees ($850 + $34.00q)		2,512		2,652		2,584
Aircraft depreciation ($11.00q)		583		583		561
Office expenses ($220 + $1.00q)		441		273		271
Total expense		13,126		12,968		12,636
Net operating income	$	3,374	$	5,052	$	4,704

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.

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.)

Vulcan Flyovers
Flexible Budget Performance Report
For the Month Ended July 31
	Revenue and Spending Variances		Activity Variances
Revenue	???	U	??????	F
Expenses:
Wages and salaries		F		U
Fuel		U		U
Airport fees		F		U
Aircraft depreciation		None		U
Office expenses		U		U
Total expense		U		U
Net operating income		U		F