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Rubidoux Jeep Tours operates jeep tour in the heard of Colorado Rockies. The company bases its budgets on two measures of activity, (i.e., cost drivers),
Rubidoux Jeep Tours operates jeep tour in the heard of 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: In September, the company budgeted for 483 guests and 240 jeeps. The company's income statement showing the actual result for the month appears below: Rubidoux Jeep Tours income statement for the month ended September 30 Prepare a report showing the company's revenue and spending variance for September. Label each variance as favorable or unfavorable. SHOW WORK
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