Hottle 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		$	98		$	0
Tour guide wages	$	0		$	0		$	103
Vehicle expenses	$	4,400		$	5		$	50
Administrative expenses	$	1,400		$	1		$	0

In February, the company budgeted for 364 guests and 134 jeeps. The company's income statement showing the actual results for the month appears below:

Hottle Jeep Tours Income Statement For the Month Ended February 28
Actual guests		389
Actual jeeps		137
Revenue	$	37,282
Expenses:
Tour guide wages		14,086
Vehicle expenses		12,820
Administrative expenses		1,834
Total expense		29,020
Net operating income	$	8,262

Required:

Prepare a report showing the companys revenue and spending variances for February. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance).)