Jake's Roof Repair has provided the following data concerning its costs: Fixed Cont per Month $21,000 Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Rent Administrative expenses Coat per Repair-Hour $15.00 $ 7.40 S0.45 $1.50 $ 2,780 $ 5,730 $ 4,690 $ 3, 810 $0.50 For example, wages and salaries should be $21,000 plus $15.00 per repair-hour. The company expected to work 3,000 repair-hours in May, but actually worked 2,900 repair-hours. The company expects its sales to be $48.00 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 fi.e., zero variance). Input all amounts as positive values.) Jake's Root Repair Activity Variances For the Month Ended May 31 Revenue Expenses Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Rent Administrative expenses Total expense Net operating income