August. The company's flexible budget for August appears below: Quilcene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds (9) 7,000 $ 29,400 Revenue ($4.209) Expenses: Packing supplies ($0.359) Oyster bed maintenance ($3,600) Wages and salaries ($2,200 + $0.359) Shipping ($0.709) Utilities ($1,240) Other ($480 + $0.019) Total expense Net operating income 2,450 3,600 4,650 4,900 1,240 550 17,390 $ 12,010 The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,000 Revenue $ 27,200 Expenses: Packing supplies 2,620 Oyster bed maintenance 3,460 Wages and salaries 5,060 Shipping 4,630 Utilities 1,050 Other 1,170 Total expense 17,990 Net operating income $ 9,210 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 (.e., 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 Wages and salaries Shipping Utilities Other Total expense Net operating income