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)		61		61		59
Revenue ($360.00q)	$	16,000	$	21,960	$	21,240
Expenses:
Wages and salaries ($3,100 + $88.00q)		8,432		8,468		8,292
Fuel ($33.00q)		2,177		2,013		1,947
Airport fees ($870 + $32.00q)		2,682		2,822		2,758
Aircraft depreciation ($9.00q)		549		549		531
Office expenses ($220 + $1.00q)		449		281		279
Total expense		14,289		14,133		13,807
Net operating income	$	1,711	$	7,827	$	7,433

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.)