Chapter 9 Homework Saved Help Save & Exit Submit Check my work Jake's Roof Repair has provided the following data concerning its costs: Fixed t cost per per Month Repair-Hour 2.08 points Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Rent Administrative expenses $15.00 $ 7.50 0.55 1.70 $ 21,200 $2,800 $5,730 $ 4,620 3,850 0337:13 0.60 For example, wages and salaries should be $21,200 plus $15.00 per repair-hour. The company expected to work 2,700 repair-hours in May, but actually worked 2,600 repair-hours. The company expects its sales to be $52.00 per repair-hour. eBook 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.) Hint Jake's Roof Repair Activity Variances For the Month Ended May 31 Print References Revenue Wages and salaries Parts and supplies Truck operating expenses Rent Total expense Net operating income