Check my work Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,900 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 (9) 7,900 Revenue ($4.259) $ 33,575 Expenses: Packing supplies (50.259) 1,975 Oyster bed maintenance ($3,200) 3,209 Wages and salaries ($2,100 + $0.459) 5,655 Shipping ($0.759) 5,925 Utilities ($1,270) 1,270 Other ($450 + $0.014) 529 Total expense 18,554 Net operating income $ 15,021 The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,900 Revenue $ 27, 20e Expenses: Packing supplies 2,145 Oyster bed maintenance 3,860 Wages and salaries 6,865 Shipping Utilities Other Total expense Net operating income 5,655 1,080 1,149 19,154 $ 8,046 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