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Velazques 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		$	93		$	0
Tour guide wages	$	0		$	0		$	109
Vehicle expenses	$	3,900		$	6		$	59
Administrative expenses	$	2,000		$	1		$	0

In March, the company budgeted for 359 guests and 129 jeeps. The company's income statement showing the actual results for the month appears below:

Velazques Jeep Tours Income Statement For the Month Ended March 31
Actual guests		348
Actual jeeps		131
Revenue	$	32,304
Expenses:
Tour guide wages		14,029
Vehicle expenses		13,837
Administrative expenses		2,348
Total expense		30,214
Net operating income	$	2,090

Required:

Prepare a report showing the company's activity variances for March. Label each variance as favorable (F) or unfavorable (U). (Input all amounts as positive values. Leave no cells blank - be certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Omit the "$" sign in your response.)

Velazques Jeep Tours Activity Variances For the Month Ended March 31
Revenue	$	(Click to select)UFNone
Expenses:
Tour guide wages		(Click to select)UNoneF
Vehicle expenses		(Click to select)UFNone
Administrative expenses		(Click to select)UNoneF
Total expense		(Click to select)FUNone
Net operating income	$	(Click to select)FUNone

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