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Bruer Jeep Tours operates Jeep tours in the heart of the Colorado Rockles. The company bases its budgets on two measures of activity (I.e., cost
Bruer Jeep Tours operates Jeep tours in the heart of the Colorado Rockles. 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: In November, the company budgeted for 378 guests and 173 jeeps. The actual activity for the month was 388 guests and 154 jeeps. Required: Prepare a report showing the company's activity varlances for November. Label each varlance as favorable (F) or unfavorable (U). Note: Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (I.e., zero varlance). Input all amounts as positlve values
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