Check my ST Quilcene Oysteria farms and sells oysters in the Pacific Northwest The company harvested and sold 7900 pounds of oysters in August. The company's flexible budget for August appears below. Qullcene Oysteria Flexible budget For the Month Ended August 31 Actual pounds (9) 7,900 Revenue (54.150) $ 32,785 Expenses: Packing supplies (50.409) 3,160 Oyster bed maintenance ($3,500) 3,500 Wages and salaries ($2,000 + $0.489) Shipping (50.689) 4,740 utilities ($1,250) 1,250 other (5470 + $0.019) 549 Total expense 18,359 $ 14,426 Net operating income 5,160 Check The actual results for August appear below. Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,900 4-56 $ 27,300 STA Revenue Expenses: Packing supplies Oyster bed saintenance Hages and salaries Shipping Utilities other Total expense Net operating income 3,330 3,360 5,570 4,470 1.00 1.169 18,959 $ 8,341 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.) Qulicne Oysteria Revenue and Spending Variances For the Month Ended August 31 . M Mcuraw Hill Connect mework 6.1 Saved 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 (i.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 to search O C