Jake's Roof Repair provided the following data concerning its costs: Fixed Cost per Month $ 23,200 Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Rent Administrative expenses For example, wages and salaries should be $23,200 plus $16.30 per repair-hour. The company expected to work 2,800 repair-hours in May but actually worked 2,900 repair-hours. The company expects its sales to be $44.50 per repair-hour. Revenue Expenses Required: Compute the company's activity variances for May. Note: 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 Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Rent $ 1,600 $ 6,400 $ 3,480 $ 4,500 Administrative expenses Cost per Repair-Hour $ 16.30 $ 8.60 $ 0.40 $ 1.70 Total expenses Net operating income $ 0.80

Jake's Roof Repair provided the following data concerning its costs. For example, wages and salanes should be $23,200 plus $16,30 per repair-hout. The company expected to work 2,800 repair-hours May but actually worked 2,900 repair-hours. The company expects its sales to be $44.50 per repair-hout: Required: Compute the company's activity variances for May. Note: Indicote the effect of each voriance by selecting "F" for fovorable, "U" for unfovorable, and "None" for no effect (i.e., zero varience). Input all amounts as positive values