es Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,400 pounds of oysters in August. The company's flexible budget for August appears below: For Actual pounds (9) Revenue ($4.10q) Expenses: Packing supplies ($0.35q) Oyster bed maintenance ($3,500) Wages and salaries ($2,500 + $0.40q) Shipping ($0.65q) Utilities ($1,240) Other ($470 + $0.019) Total expense Net operating income The actual results for August appear below: Quilcene Oysteria Flexible Budget the Month Ended August 31 Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense 7,400 $ 27,200 2,760 3,360 5,870 4,540 1,050 1,164 18,744 7,400 $ 30,340 2,590 3,500 5,460 4,810 1,240 544 18,144 $ 12,196