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Jake's Roof Repair has provided the following data concerning its costs: Fixed Coat Cost per per Month Repair-Hour Wages and salaries $21,100 $15.00 Parts and supplies $ 7.70 Equipment depreciation # 2,720 $ 0.80 Truek operating expenses $ 5.770 $ 1.60 Rent $4.610 Administrative expenses $ 3,850 $ 0.00 For example, wages and salarles should be $21100 plus $15.00 per repair-hour. The company expected to work 2,800 repair-hours in May, but actually worked 2,700 repair-hours. The company expects its sales to be $44.00 per repair hout, 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 fie, zero variance). Input all amounts as positive values.) Jake's Roof Repair Activity Variances For the Month Ended May 31 Revenue Expenses Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Ront Administrative expenses Total expense Net operating income Jake's Roof Repair has provided the following data concerning its costs: Fixed Coat cont per per month Repair Wages and salaries $21, 100 $15.00 Parts and supplies $ 7.70 Equipment depreciation $ 2,720 $ 0.60 Truck operating expenses $ 5,770 $ 1.60 Rent $ 4,610 Administrative expenses $ 3,850 5 0.80 For example, wages and salaries should be $21100 plus $15.00 per repair-hour. The company expected to work 2,800 repair-hours in May, but actually worked 2,700 repair-hours. The company expects its sales to be $44.00 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 fie, zero variance). Input all amounts as positive values.) Jake's Roof Repair Activity Variances For the Month Ended May 21 Revenue Expenses Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Rent Administrative expenses Total expense Net operating income