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: Fixed Variable Variable element per element per element per month guest jeep Revenue $ 0 $ 173 Tour guide wages $ 0 $ 0 $ 183 Vehicle expenses $ 5, 500 $ 16 $ 60 Administrative expenses $ 2, 600 $ 0 In November, the company budgeted for 360 guests and 155 jeeps. The actual activity for the month was 379 guests and 145 jeeps. es 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 Guests 379 360 Jeeps 145 155 Revenue Expenses: Tour guide wages Vehicle expenses + Administrative expenses Total expense Net operating income