5 oints 202114 Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,400 pounds of oysters in August. The company's flexible budget for August appears below: Quilcene Oysteria Flexible Budget For the Month Ended August 311 Actual pounds (a) 7,400 Revenue ($4.200) $31,000 Skipped Expenses: Packing supplies ($0.250) 1,850 Oyster bed maintenance ($3,600) 3,600 wages and salaries ($2,100 50.450) 5,430 Shipping (10.650) 4,810 eBook Utilities ($1,100) 1,300 Other (5448 50.019) 514 Total expense 17.504 $13,576 Net operating income Hint Print The actual results for August appear below: Quilcene Oysteria Income Statement For the Honth Ended August 12 Actual pounds References Revenue Expenses Packing supplies Oyster bed maintenance wages and salaries Shipping Utilities Other total expense Net operating Incone 7,400 $ 27,200 2,420 3,460 5,840 4,540 1.110 1.114 10,204