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2 Quilcene Oysteria farms and sells oysters in the Pacific Northwest, The company harvested and sold 7100 pounds of oysters in August The company's flexible

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2 Quilcene Oysteria farms and sells oysters in the Pacific Northwest, The company harvested and sold 7100 pounds of oysters in August The company's flexible budget for August appears below 10 Quilcene Oysteria points Flexible Budget For the Month Ended August 31 Actual pounds (q) 7,180 Revenue ($4.15q) $ 29 465 Expenses Packing supplies ($0.30q) 2,130 Boo Oyster bed maintenance ($3, 100) 3, 100 Wages and salaries ($2, 200 + $0.30q) 4, 330 Shipping (30.70q) 4, 976 Utilities ($1,270) 1, 270 Other ($460 + $0.019) 531 Total expense 16,331 Net operating income $ 13,134 Ack The actual results for August appear below Quilcene Oysteria Print Income Statesent For the Month Ended August 31 Actual pounds 7, 108 Revenue $ 27,300 References Expenses: Packing supplies 2, 309 Oyster bed maintenance 2,960 Wages and salaries 4, 740 Shipping 4,708 Utilities 1, 088 Other 1, 151 Total expense 16,931 Net operating income 3 10,369 Required: Calculate the company's revenue and spending variances for August (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (Le., zero variance). Input all amounts as positive values.) Quilcene Oysteria Revenue and Spending Variances For the Month Ended August 31 Revenue Expenses: Packing supplies Oyster bed maintenance

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