Vulcan Flyovers offers scenic overfilghts of Mount Salnt Helens. Data concerning the company's operations In...

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Accounting

Vulcan Flyovers offers scenic overfilghts of Mount Salnt Helens. Data concerning the company's operations In July appear below:
Vulcan Flyovers
Operating Data
For the Month Ended July 31
The company measures its activity In terms of flights. Customers can buy individual tickets for overflights or hire an entire plane at a discount.
Requlred:
Prepare a flexible budget performance report for July.
Note: Indlcate the effect of each varlance by selectIng "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero varlance). Input all amounts as positlve values.
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