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Exercise 9-2 (Algo) Prepare a Report Showing Revenue and Spending Variances [LO9-2] Quilcene Oysteria farms and sells oysters in the Pacic Northwest. The company harvested

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Exercise 9-2 (Algo) Prepare a Report Showing Revenue and Spending Variances [LO9-2] Quilcene Oysteria farms and sells oysters in the Pacic Northwest. The company harvested and sold 7,200 pounds of oysters in August. The company's flexible budget for August appears below. The actual restilts for August appear below Required: Calculate the company's revenue and spending variances for August. (Indicate the effect of each variance by selecting " F " for favorable, "U" for unfovorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

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