Vulcan Flyovers offers scenic overflights of Mount Saint Helens. 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 ($350.00q)	$ 16,300	$ 21,350	$ 20,650
Expenses:
Wages and salaries ($3,300 + $92.00q)	8,868	8,912	8,728
Fuel ($34.00q)	2,236	2,074	2,006
Airport fees ($820 + $33.00q)	2,728	2,833	2,767
Aircraft depreciation ($10.00q)	610	610	590
Office expenses ($220 + $1.00q)	449	281	279
Total expenses	14,891	14,710	14,370
Net operating income	$ 1,409	$ 6,640	$ 6,280

The company measures its activity in terms of flights. Customers can buy individual tickets for overflights or hire an entire plane at a discount.

Required:

1. Prepare a flexible budget performance report for July.

Note: 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.