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Vulcan Flyovers offers scenic overfights of Mount Saint Helens, the volcano in Washington State that...

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Accounting

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Vulcan Flyovers offers scenic overfights of Mount Saint Helens, the volcano in Washington State that explosively erupted in figs2. 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 overfights or hire an entire plane for an overfight at a discount. Required: 1. Prepare a fiexible budget performance report for July that includes revef iue and spending variances and actwity variances. (Indicate. the effect of each variance by selecting "F" for favorable, "U" for unfavdrable, and "None" for no effect (i.e., zero variance). input all amounts as positive values.)

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