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Check my work Bruer Jeep Tours operates jeep tours in the heart of the Colorado Rockies. The company bases its budgets on two measures of
Check my work 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: Revenue Tour guide wages Vehicle expenses Administrative expenses Fixed Variable Variable element per element per element per month guest jeep $ 0 $ 181 $ 0 $ 0 $ 0 $ 179 $ 5,900 $ 20 $ 56 $ 3,000 $ 11 $ 0 In November, the company budgeted for 368 guests and 163 jeeps. The actual activity for the month was 383 guests and 149 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 368 Guests Jeeps Revenue 383 149 163 Expenses: Tour guide wages Vehicle expenses Administrative expenses Total expense Net operating income
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