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

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Vulcan Fyovers offers scenic overtights of Mount Saint Helens, the volcano in Washington State that explosively erupted in 1982 . Data concerning the company's operations in July appear below. The company measures its activity in terms of fights. Customers can buy individual tickets for overflights or hire an entire plane for an overfilght at a discount. Required: 1. Piepare a fiexible budget performance report for July that includes revenue and spending voriances and activity variances. (Indieate the effect of each variance by selecting "F" for fovorable. "U" for unfavorable, and "None" for no effect (he, zero varience). Input all amounts as positive values.) Requlred: 1. Prepare a flexible budget performance report for July that includes revenue and spending variances and activity variances. (lndicote the effect of cach varlance by selecting "F" for fovorable, "U" for unfavorable, and "None" for no effect (l.e., zero varionce). Input all emounts as pocltive values.)

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