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Billafuerte Jeep Tours operates jeep tours in the heart of the Colorado Rockies. The company bases its budgets on two measures of activity (i.e., cost

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Billafuerte Jeep Tours operates jeep tours in the heart of the Colorado Rockies. The company bases its budgets on two measures of activity (i.e., 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 $ 3,100 $ 1,700 Variable element per guest $ 139 $ 0 $ 6 $ 1 Variable element per jeep $ 0 $ 176 $ 42 $ 0 In July, the company budgeted for 496 guests and 233 jeeps. Required: Prepare the company's planning budget for July for 496 guests and 233 jeeps

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