Required:

Prepare a report showing the company's revenue and spending variances for May. 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.$)$

$\backslash$table$[[$Cryan Jeep Tours$],[$Revenue and Spending Variances$],[$For the Month Ended May $31],[,$Actual Results,Flexible Budget,$\backslash$table$[[$Revenue and Spending$],[$Variances$]]],[$Guests$,557,557,],[$Jeeps$,242,242,],[$Reeps$],[$Expenses:$],[$Tour guide wages$],[$Vehicle expenses$],[$Administrative expenses$],[\backslash$table$[[$Total expense$]]],[$Net operating income,,,$]]$