ABC Corporation uses customers served as its measure of activity. During June, the company budgeted for 22,000 customers, but actually served 25,000 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served: Revenue: $5.30q Wages and salaries: $35,400 + $1.90q Supplies: $0.70q Insurance: $9,600 Miscellaneous expense: $5,000 + $0.10q The company reported the following actual results for June:

Revenue $132,600

Wages and salaries 82,400

Supplies 16,700

Insurance 11,900

Other expense 7,100 Required: Prepare a report showing both the company's revenue and spending variances and activity variances for June. Label each variance as favorable (F) or unfavorable (U).