9-3

Qullcene Oystena farms and sells oysters in the Pocific Northwest. The company harvested and sold 7,400 pounds of onters in August. The compary's fiexible budget for August appears below: The actual resuls foe Augut were as fobows Required: Calculate the company's revenue and spending varlances for August Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfevorable, and "None" for no effect (l.e., zero verionce). Input all amounts as positlve values