Vulcan Flyovers offers scenic overflights of Mount Saint Helens. Data concerning the company$$s operations in July appear below:

Vulcan Flyovers

Operating Data

For the Month Ended July $31$

Actual Results Flexible Budget Planning Budget

Flights $($q$)565654$

Revenue $($$$350\mathrm{.}00$q$)$ $ $16,200$ $ $19,600$ $ $18,900$

Expenses:

Wages and salaries $($$$3,500+$ $$91\mathrm{.}00$q$)8,5548,5968,414$

Fuel $($$$31\mathrm{.}00$q$)1,9041,7361,674$

Airport fees $($$$810+$ $$34\mathrm{.}00$q$)2,6092,7142,646$

Aircraft depreciation $($$$9\mathrm{.}00$q$)504504486$

Office expenses $($$$230+$ $$1\mathrm{.}00$q$)454286284$

Total expenses $14,02513,83613,504$

Net operating income $ $2,175$ $ $5,764$ $ $5,396$

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.