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:

Revenue Tour guide wages Vehicle expenses Administrative expenses Variable Fixed element Variable element element per month per guest per jeep $ 217 $ 0 $ 0 $ 0 $161 $ 5,600 $ 15 $ 70 $ 2,100 $ 14 $ 0 In May, the company budgeted for 497 guests and 202 jeeps. The company's income statement showing the actual results for the month appears below: 512 197 $ 87,854 Cryan Jeep Tours Income Statement For the Month Ended May 31 Actual guests Actual jeeps Revenue Expenses: Tour guide wages Vehicle expenses Administrative expenses Total expense Net operating income 33,157 20,640 7,888 61,685 $26,169 Required: Prepare a report showing the company's revenue and spending variances for May. Label each variance as favorable (F) or unfavorable TU). (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 512 512 197 197 Revenue and Spending Variances Guests Jeeps Revenue Expenses: Tour guide wages Vehicle expenses Total expense Net operating income