Karpin jeep tours operates jeep tours in the heart of the

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Reference no: EM13567277

Karpin 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 variable element variable element

per month per guest per jeep

revenue................................ $0 $93 $0

tour guide wages................... $0 $0 $107

vehicle expenses.................. $3100 $8 $73

administrative expenses....... $2500 $3 $0

In July, the company budgeted for 434 guests and 132 jeeps. The actual activity for the month was 459 guests and 137 jeeps.

Required: Prepare the company's flexible budget for the actual level of activity in July.

Reference no: EM13567277

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