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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
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 Fixed element Variable element element per per month per guest $ 189 jeep 0 Revenue Tour guide wages Vehicle expenses Administrative expenses 175 $ 52 6,300 $ 3,400 $ 28 $ 15 In November, the company budgeted for 376 guests and 171 jeeps. The actual activity for the month was 387 guests and 153 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.)
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