Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Rent Administrative expenses Fixed Cost per Cost per Repair- Month Hour $ $ 20,900 15.00 $ 7.70 $ 2,770 $ 0.45 $ 5,730 $ 1.50 $ 4,620 $ 3,890 $ 0.50 For example, wages and salaries should be $20,900 plus $15.00 per repair-hour. The company expected to work 2,600 repair-hours in May, but actually worked 2,500 repair-hours. The company expects its sales to be $46.00 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 (i.e., zero variance). Input all amounts as positive values.) Revenue Expenses: 143 Answer is not complete. Jake's Roof Repair Activity Variances For the Month Ended May 31 5,200 U positive values.) Answer is not complete. Jake's Roof Repair Activity Variances For the Month Ended May 31 Revenue $ 5,200 U Expenses: Wages and salaries 1,500 LL Parts and supplies F F Equipment depreciation F Truck operating expenses F Rent 0 None F Administrative expenses Total expense Net operating income LL F U