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Exercise 9-3 Revenue and Spending Variances [LO9-3] Qulicene Oysteria fams and sells oysters in the Pacific Northwest. The company harvested and sold 8,000 pounds of

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Exercise 9-3 Revenue and Spending Variances [LO9-3] Qulicene Oysteria fams and sells oysters in the Pacific Northwest. The company harvested and sold 8,000 pounds of oysters in August. The companys flexible budget for August appears below The actual results 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 verience). Input all amounts as positive valuen.)

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