2 2.5 points ebook Exercise 9-2 (Algo) Prepare a Report Showing Revenue and Spending Variances [LO9-2] Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 8,000 pounds of oysters in August. The company's flexible budget for August appears below Quilcene Dysteria Flexible Budget For the Month Ended August 31 Hint Actual pounds (9) 8,000 Revenue ($4.10q) $32,800 Brint Expenses: Packing supplies (50.250) 2,000 References Oyster bed maintenance ($3,400) 3,400 Wages and salaries ($2,300 $0.300) 4,700 Shipping ($0.650) 5,200 Utilities ($1,280) 1,200 Other (5490 $0.014) 570 17,150 Total expense $15,650 Net operating income The actual results for August appear below Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds Revenue 5,000 $26,500