Actual pounds (q) Revenue ($4.20q) Expenses: For Packin ($0.40q) Oyster bed maintenance ($3,400) Wages and salaries ($2,500 + $0.30q) Shipping ($0.55q) Utilities ($1,240) Other ($440+ $0.019) Total expense Net operating income Actual pounds Revenue The actual results for August were as follows: Expenses: Quilcene Oysteria Flexible Budget the Month Ended August 31 Quilcene Oysteria Income Statement For the Month Ended August 31 Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income 7,900 $ 33,180 3,160 3,400 4,870 4,345 1,240 519 17,534 $ 15,646 7,900 $ 26,500 3,330 3,260 5,280

The actual results for August were as follows: Required: Calculate the company's revenue and spending variances for August. (Indicote the effect of each variance by selecting "F" for fovoroble. "U" for unfovorable. and "None" for no effect (i.e., zero varionce). Input all amounts as positive values.) Calculate the company's revenue and spending variances for August. (Indicote the effect of each vorionce by selecting "F" for favoroble, "U" for unfovorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)