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Vulcan Flyovers offers scenic overflights of Mount St. Helens, the volcano in Washington State Wa Uxposive! Flexible Budget Planning Budget 59 57 $20,945 $20,235 Vulcan

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Vulcan Flyovers offers scenic overflights of Mount St. Helens, the volcano in Washington State Wa Uxposive! Flexible Budget Planning Budget 59 57 $20,945 $20,235 Vulcan Flyovers Operating Data For the Month Ended July 31 Actual Results Flights (9) 59 Revenue ($355.000) $16,300 Expenses: Wages and salaries ($3,600 + $87.000) 8,699 Fuel ($31.000) 1.997 Airport fees (5830 + $30.000) 2,480 Aircraft depreciation ($9.000) 531 Office expenses ($250 + $1.000) 477 Total expense 14.184 Net operating income $ 2,116 8,733 1.829 2,600 531 309 8,559 1,767 2,540 513 307 13,686 $ 6,549 14,002 $ 6,943 The company measures its activity in terms of flights Customers can buy individual tickets for overflights or hire Required: 1. Complete the flexible budget performance report abstract for July (Indicate the effect of each variance by amounts as positive values.) Vulcan Flyovers Flexible Budget Performance Report For the Month Ended July 31 Revenue and Spending Variances Activity Variances Revenue Expenses Wages and salaries Fuel Airport fees Aircraft depreciation Office expenses Type here to search Maps News Translate TODOO wwman M aman Youtube INOVUORO Expenses: Wages and salaries ($3,600 $87.000) Fuel ($31.000) Airport fees (5830 + $30.00) Aircraft depreciation ($9.000) Office expenses ($250 - $1.000) Total expense Net operating income 8.733 1.829 2.600 8,699 1,997 2,480 531 477 14 184 $ 2,116 531 309 8 559 1,767 2,540 513 307 13.686 $ 6,549 14 002 $ 6,943 The company measures its activity in terms of flights. Customers can buy individual tickets for overflights or hire an entire Required: 1. Complete the flexible budget performance report abstract for July (Indicate the effect of each variance by selecting amounts as positive values.) Vulcan Flyovers Flexible Budget Performance Report For the Month Ended July 31 Revenue and Spending Variances Activity Variances Revenue Expenses Wages and salaries Fuel Airport fees Aircraft depreciation Office expenses Total expense Net operating income

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