Bruer 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: Variable Variable Fixed element element per element per per month guest jeep Revenue $ 201 $ Tour guide wages $0 $ 0 $ 169 Vehicle expenses $ 6,900 $ 40 $ 46 Administrative expenses $ 4,000 $ 21 $ 0 In November, the company budgeted for 388 guests and 183 jeeps. The actual activity for the month was 393 guests and 159 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 (i.e., zero variance). Input all amounts as positive values.) Bruer Jeep Tours Activity Variances For the Month Ended November 30 Flexible Budget Activity Variances Planning Budget 393 388 159 183 Guests Jeeps Revenue Expenses: Tour guide wages Vehicle expenses Administrative expenses Total expense Net operating income