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		$	127		$	0
Tour guide wages	$	0		$	0		$	170
Vehicle expenses	$	4,700		$	6		$	61
Administrative expenses	$	1,200		$	5		$	0

In May, the company budgeted for 452 guests and 157 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		467
Actual jeeps		152
Revenue	$	56,854
Expenses:
Tour guide wages		25,957
Vehicle expenses		16,140
Administrative expenses		3,388
Total expense		45,485
Net operating income	$	11,369

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 variance). Input all amounts as positive values.)

Actual Results Fexible Results Revenue and spending variances

Guests 467 467

Jeeps 152 152

Expenses:

Tour Guide Wages ?

Vehicle expenses ?

Total expenses ?

Net operating income ?