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Blaney 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:
In October, the company budgeted for 456 guests and 115 jeeps. The actual activity for the month was 446 guests and 111 jeeps.
Required:
Prepare the company's flexible budget for the actual level of activity in October.
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