activity (ie., cost drivers), namely guests and jeeps. One vehicle used in one tour on one day counts as a jeep. Each jeep has one tour guide. The company uses the following data in its budgeting: Revenue Tour guide wages Vehicle expenses Administrative expenses Fixed element per month $ 0 $0 $ 6,000 $3,100 Variable element per guest $183 Variable element per Jeep $ 0 $ 0 $ 178 $ 22 $ 55 $ 12 In November, the company budgeted for 370 guests and 165 jeeps. The actual activity for the month was 384 guests and 150 jeeps. Required: Prepare a report showing the company's activity variances for November. Label each variance as favorable (F) or unfavorable (U). 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. Guests Jeeps Revenue Bruer Jeep Tours Activity Variances For the Month Ended November 30 Flexible Budget Planning Activity Variances Budget 384 370 150 165 Expenses: Tour guide wages Vehicle expenses