1 sold 7,400 pounds of oysters in Quilcene Oysteria farms and sells Oysters in the Pacific Northwest the company harvested August. The company's flexible budget for August appears below Quitcene Oysteria Flexible Budget For the Month Ende August 31 Actual pounds (q) Revenue ($4.189) Packing supplies (50.35al Oyster bed maintenance 53,2881 Wages and salaries (52,400 8.259) Shipping (50.701 Utilities ($1,220 Other 15430 + $0.91 Total expense Net operating income The actual results for August appear belo Duilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 526-70e Parking Sures Oyster bed maintenance S 9,156 Net aperating income Required Calculate the company's revenue and spending walances for August. Ondicate the effect of each variance favorable," for unfavorabl e August Ondicate the effect of