Cost per Fixed Cost per Month $ 20,600 Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Rent Administrative expenses Repair Hour $ 15.00 $ 7.50 $ 0.40 $ 1.80 $ 2,710 $5,230 $ 4,610 $ 3,850 $ 0.50 For example, wages and salaries should be $20.600 plus $15.00 per repair-hour. The company expected to work 2700 repair-hours in May, but actually worked 2.600 repair-hours. The company expects its sales to be $50.00 per repair hour. Required: Compute the company's activity variances for May. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) Jake's Roof Repair Activity Variances For the Month Ended May 31 Revenue Expenses Wages and salarios Parts and supplies Equipment depreciation Truck operating expenses Rent Administrative expenses Total expense Net operating Income