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Jake's Roof Repair has provided the following data concerning its costs: Fixed Cost per Month $ 21,400 Wages and salaries Parts and supplies Equipment depreciation

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Jake's Roof Repair has provided the following data concerning its costs: Fixed Cost per Month $ 21,400 Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Rent Administrative expenses Cost per Repair-Hour $ 15.00 $ 7.00 $ 0.55 $ 1.60 $ 2,710 $ 5,770 $ 4,610 $ 3,810 $ 0.70 For example, wages and salaries should be $21,400 plus $15.00 per repair-hour. The company expecte to work 2,700 repair-hours in May, but actually worked 2,600 repair-hours. The company expects its sales to be $46.00 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 Revenue $ 128,800 U Expenses: Wages and salaries Parts and supplies Not answered yet: Lavage Rapide is a Canadian company that owns... Equipment depreciation 55 F Truck operating expenses 160 F Rent 0 None Administrative expenses 50 F Total expense 2,495 XF Net operating income $ (2,105) 8|U

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