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 ($360.00q)	$	16,400	$	19,080	$	18,360
Expenses:
Wages and salaries ($3,300 + $91.00q)		8,081		8,123		7,941
Fuel ($31.00q)		1,811		1,643		1,581
Airport fees ($810 + $30.00q)		2,275		2,400		2,340
Aircraft depreciation ($11.00q)		583		583		561
Office expenses ($220 + $1.00q)		441		273		271
Total expense		13,191		13,022		12,694
Net operating income	$	3,209	$	6,058	$	5,666

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.

Revenue Expenses: Wages and salaries Fuel Airport fees Aircraft depreciation Office expenses Total expense Net operating income Vulcan Flyovers Flexible Budget Performance Report For the Month Ended July 31 Revenue and Spending Variances Activity Variances