Cryan 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 per month			Variable element per guest			Variable element per jeep
Revenue	$	0		$	167		$	0
Tour guide wages	$	0		$	0		$	166
Vehicle expenses	$	5,100		$	10		$	65
Administrative expenses	$	1,600		$	9		$	0

In May, the company budgeted for 472 guests and 177 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		487
Actual jeeps		172
Revenue	$	68,854
Expenses:
Tour guide wages		29,157
Vehicle expenses		18,140
Administrative expenses		5,388
Total expense		52,685
Net operating income	$	16,169

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 variance). Input all amounts as positive values.)

Cryan Jeep Tours Revenue and Spending Variances For the Month Ended May 31 Actual Flexible Results Budget 487 487 Revenue and Spending Variances Guests 172 172 Jeeps Revenue Expenses: Tour guide wages Vehicle expenses Administrative expenses Total expense Net operating income