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

Fixed Cost per Month

Cost per Repair-Hour

Wages and salaries	$	21,300		$	15.00
Parts and supplies				$	7.50
Equipment depreciation	$	2,790		$	0.60
Truck operating expenses	$	5,730		$	1.80
Rent	$	4,610
Administrative expenses	$	3,860		$	0.70

For example, wages and salaries should be $21,300 plus $15.00 per repair-hour. The company expected to work 2,900 repair-hours in May, but actually worked 2,800 repair-hours. The company expects its sales to be $47.00 per repair-hour.

Jake's Roof Repair has provided the following data concerning its costs Cost per Repair-Hour $15.00 $ 7.50 $ 0.60 $1.80 Fixed Cost per Month $21,300 Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Rent Administrative expenses $ 2,790 $5,730 $ 4,610 $ 3,860 $ 0.70 For example, wages and salaries should be $21,300 plus $15.00 per repair-hour. The company expected to work 2,900 repair-hours in May, but actually worked 2,800 repair-hours. The company expects its sales to be $47.00 per repair-hour Required Compute the company's 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.) Jake's Roof Repair Activity Variances For the Month Ended May 31 Flexible Budget Planning Budget Activity Variances Repair-hours Revenue Expenses Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Rent Administrative expenses None Total expense Net operating income