Question: Will be using as study material later on so if possible steps included would be much appreciated. Many thanks! 1. Prepare a flexible budget performance

Will be using as study material later on so if possible steps included would be much appreciated.

Many thanks!

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. Exercise 9-4 (Algo) Prepare a Flexible Budget Performance Report [L09-4] Vulcan Flyovers offers scenic overflights of Mount Saint Helens. Data concerning the company's operations in July appear below: The company measures its activity in terms of flights. Customers can buy individual tickets for overflights or hire an entire plane at a discount

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