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Vulcan Flyovers offers scenic overtights of Mount Saint Helens, the wolcano in Washington State that explosively erupted in 1982 . Data concerning the company's operations

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Vulcan Flyovers offers scenic overtights of Mount Saint Helens, the wolcano in Washington State that explosively erupted in 1982 . Data concerning the company's operations in July appear below: The company measures its activily in terms of flights. Customers can buy individual tickets for ovedlights or hire an entice plane tor an overtight at a discount. Required: 1. Prepare a tiexible budget performance ieport for July that includes revenue and spending variances and activity variances. Note: Indicnte the effect of esch vorinnce by selecting "F" for favorable, " U " for unfovorable, ond "None" for no effect (i.e, zero varience). Input all omounts os posithe values. 1. Prepare a flexible budget performance report for July that includes revenue and spending variances and activity variances. Note: Indicate the effect of each variance by selecting "F" for fovorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values

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