Exercise $9\mathrm{.}3($Algo$)$ Revenue and Spending Variances $[$LO$9-3]$

Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold $8,000$ 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 $(q),8,000$

Revenue $($$$4\mathrm{.}10q),$$$32,800$

Expenses:

Packing supplies $)$

Oyster bed maintenance $($$$3,000),3,000$

Wages and salaries $$0\mathrm{.}40q)$

Shipping $($ $$0\mathrm{.}80q)$

Utilities $($$$1,220)$

other $($$$490+$$$0\mathrm{.}01q)$

Total expenses

Net operating income

$\backslash$table$[[5,300],[6,400],[1,220],[570],[19,290],[$$$13,510$