Exerclse $9-4($Algo$)$ Prepare a Flexible Budget Performance Report $[$L$09-4]$

Vulcan Flyovers offers scenic overfights of Mount Saint Helena. Dats concerning the compony's operationa In July appear below:

The compony measures its activity in terms of filghts. Customers can buy Indwidual tickets for overfights or hire an entire plane at a

discount

Requlred:

Prepare a flexlale budget performance report for July.

Note: Indicate the effect of each varlance by selectling $"$F$"$ for favorable, $"$U$"$ for unfavorable, and "None" for no effect $($I$.$e$.,$ zero

varlance$).$ Input all amounts as positive values.