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Jakes Roof Repair has provided the following data concerning its costs: For example, wages and salaries should be $21,400 plus $15.00 per repair-hour. The company

Jakes Roof Repair has provided the following data concerning its costs:

image text in transcribed

For example, wages and salaries should be $21,400 plus $15.00 per repair-hour. The company expected to work 2,700 repair-hours in May, but actually worked 2,600 repair-hours. The company expects its sales to be $53.00 per repair-hour.

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Compute the companys activity variances for May. (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.)image text in transcribed

Fixed Cost per Cost Repair- per Month Hour Wages and salaries $21,400 Parts and supplies Equipment depreciation Truck operating $15.00 $7.40 $ 2,710 $ 0.55 $ 5,790 $ 1.70 expenses $ 4,600 Rent Administrative $ 0.80 $3,810 expenses Jake's Roof Repair Activity Variances For the Month Ended May 31 Revenue Expenses: Wages and alaries Parts and supplies Equipment |depreciation Truck operating expenses Rent Administrative expenses Total expense Net operating income

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