Bruer Jeep Tours operates jeep tours in the heart of the Colorado Rockies. The company bases its budgets on two measures of activity (ie, cost drivers), namely guests and jeeps. One vehicle used in one tour on one day courts as a jeep. Each jeep has one tour guide. The company uses the following data in its budgeting: Variable element per jeep Revenue Tour guide wages Vehicle expenses Administrative expenses Fixed element per month 5e $ $5,700 $2,800 Variable element per guest $ 177 $ $ 18 $ 9 $ $ $ 181 58 In November, the company budgeted for 364 guests and 159 jeeps. The actual activity for the month was 381 guests and 147 Jeeps. Required: Prepare a report showing the company's activity variances for November Label each variance as favorable (F) or unfavorable (U). (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance). Input all amounts as positive values.) Bruer Jeep Tours Activity Variances For the Month Ended November 30 Flexible Activity BudgetVariances Planning Budget Guests Tour guide wages Vehicle expenses Administrative expense Total expense Net operating income