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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 for
an overflight at a discount. Required: 1. Prepare a flexible budget performance report for July
that Includes revenue and spending varlances and actlvity varlances. (Indlcate the effect of each
varlance by selectlng "F" for favorable, "U" for unfavorable, and "None" for no effect (I.e., zero
varlance). Input all amounts as positlve values.)

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concerning the companys operations in July appear below The company.pdf

  • 1. 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 for an overflight at a discount. Required: 1. Prepare a flexible budget performance report for July that Includes revenue and spending varlances and actlvity varlances. (Indlcate the effect of each varlance by selectlng "F" for favorable, "U" for unfavorable, and "None" for no effect (I.e., zero varlance). Input all amounts as positlve values.)