Velazques 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		$	91		$	0
Tour guide wages	$	0		$	0		$	107
Vehicle expenses	$	3,700		$	4		$	57
Administrative expenses	$	1,800		$	1		$	0

In March, the company budgeted for 357 guests and 127 jeeps. The company's income statement showing the actual results for the month appears below:

Velazques Jeep Tours Income Statement For the Month Ended March 31
Actual guests		354
Actual jeeps		129
Revenue	$	32,154
Expenses:
Tour guide wages		13,553
Vehicle expenses		12,589
Administrative expenses		2,154
Total expense		28,296
Net operating income	$	3,858

Required:

Prepare a report showing the company's activity variances for March. Label each variance as favorable (F) or unfavorable (U). (Input all amounts as positive values. Leave no cells blank - be certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Omit the "$" sign in your response.)

Velazques Jeep Tours Activity Variances For the Month Ended March 31
Revenue	$

Expenses:
Tour guide wages

Vehicle expenses

Administrative expenses

Total expense

Net operating income	$