Student name IIL Easy Rider, Inc. m guide leaders that take guests through the most scenic and historical points of intere concerning the company's operations in August appear below: st. Data er,. Inc offers guided motorcycle tours throuch the National Park System using tour Easy Rider, Inc. Operating Data For the month ended August 31 Flexible Planning Actual Results BudgetBudge 36 ..40 Revenue ($400q)... Expenses S1L0.$.0.80...$12.00 Wages & salaries ($3,000+S70q) Gasoline (S15.00q) 580 National Park fees (S500+ S15q).. 80..1,200 200 1,040.. 1,020 180. 222.... Motorcycle Depreciation ($5.00q) Administrative Expense ($150+ $2.00g). 300 Total Expense 7382 7,502 7.480 $3.298.4.520 Net Operating Income.. The company measures its activity in terms of guided-tours. Tickets for the guided tours can be purchased individually, or at a group discounts for motorcycle clubs, etc. Remsired: report for August tnat inciudes revenue and spending variances and activity variances s, prepare a flexible budget performance udes revenue and spending variances and activity variances 2. Which of the variances should be of concern to management? Explain