Chapter 9 Homework Seve Help Save & Exit Submit Check my work 2 2.33 points eflook H Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7.300 pounds of oysters in August. The company's flexible budget for August appears below Quilcene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds (4) Revenue (54.201 Packing supplies (0.350) Oyster bed naidheance ($3,400) 7,300 30,460 2,555 3,400 Mages and salaries ($2,100 $0.454) Shipping (30.65) 5,385 4,745 1,260 483 Total expense 17,920 Pr Rece Utilities ($1,260) Other (5410 + $0.01g) Net operating income The actual results for August appear below. Quilcene Oysteria Income Statement For the Month Ended August 31 12,932 Actual pounds 7.300 Revenue 36,00 Expenses Packing supplies 2.725 Oyster bed maintenance 3,240 Wages and salaries 5.795 Shipping 4,475 Utilities 3,050 Other 1,103 Total expense 10,428 Net operating incons 0,372 2 2.33 points eBook Other Total expense Net operating Incone Required: 1,103 18.428 $9,372 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.) Quicene Oysteria Revenue and Spending Variances For the Month Ended August 31 Print References Revenue Experes Mc Graw Packing supplies Oyster bed maintenance Wages and salaries Shipping Usities Other Total expense Net operating income Check my work