Cryan 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 element per month Variable element per guest Variable element per jeep Revenue $ 0 $ 177 $ 0 Tour guide wages $ 0 $ 0 $ 165 Vehicle expenses $ 5,200 $ 11 $ 66 Administrative expenses $ 1,700 $ 10 $ 0 In May, the company budgeted for 477 guests and 182 jeeps. The company's income statement showing the actual results for the month appears below: Cryan Jeep Tours Income Statement For the Month Ended May 31 Actual guests 492 Actual jeeps 177 Revenue $ 71,854 Expenses: Tour guide wages 29,957 Vehicle expenses 18,640 Administrative expenses 5,888 Total expense 54,485 Net operating income $ 17,369