Otomo Jeep Tours operates jeep tours in the heart of the Colorado Rockies. The company bases its budgets on two measures of activity (i.e., cost drivers), namely guests and jeeps. One vehicle used in one tour on one day counts as a jeep. Each jeep has one tour guide. The company uses the following data in its budgeting: Fixed element per month Variable element per guest Variable element per jeep Revenue $ 0 $ 98 $ 0 Tour guide wages $ 0 $ 0 $ 103 Vehicle expenses $ 4,400 $ 5 $ 50 Administrative expenses $ 1,400 $ 1 $ 0 In July, the company budgeted for 364 guests and 134 jeeps. The company's income statement showing the actual results for the month appears below: Otomo Jeep Tours Income Statement For the Month Ended July 31 Actual guests 358 Actual jeeps 136 Revenue $ 35,024 Expenses: Tour guide wages 13,758 Vehicle expenses 13,110 Administrative expenses 1,758 Total expense 28,626 Net operating income $ 6,398 Required: Prepare a report showing the company's activity variances for July. Label each variance as favorable (F) or unfavorable (U). (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.)