$0 Cryan Jeep Tours operates jeep tours in the heart of the Colorado Rockles. 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: Variable Variable Fixed element element per element per per month guest jeep Revenue $ 0 $ 277 $0 Tour guide wages $0 $ 0 $ 155 Vehicle expenses $ 6,200 $ 21 $ 76 Administrative expenses $ 2,700 $ 20 In May, the company budgeted for 527 guests and 232 jeeps. The company's income statement showing the actual results for the month appears below: Cryan Jeep Tours Income Statement For the Month Ended May 31 Actual guests 542 Actual Jeep 227 Revenue $ 117,854 Expenses Tour guide wages 37,957 Vehicle expenses 23,640 Administrative expenses 10,888 Total expense 72,485 $ 45,369 Net operating income Required: Prepare a report showing the company's revenue and spending variances for May. Label each variance as favorable (F) or unfavorable (U). (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l... zero variance). Input all amounts as positive values.) Cryan Jeep Tours Revenue and Spending Variances For the Month Ended May 31