Cryan Jeep Tours operates jeep tours in the heart of the Colorado Rockies. The company bases its budgets on two measures of activity (ie., 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: Revenue Tour guide wages Vehicle expenses Administrative expenses Variable Fixed element Variable element element per per month per quest jeep $ 0 $ 177 $ 0 $ 0 $ 0 $ 165. $ 5,200 $ 11 $ 66 $ 1,700 $ 10 $ 0 In May, the company budgeted for 477 guests and 182 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 492 Actual jeeps 177 Revenue $71,854 Expenses: Tour guide wages 29,957 Vehicle expenses 18,640 Administrative expenses 5,888 Total expense 54,485 Net operating income $17,369 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 (i.e., zero