Exerclse $9-2($Algo$)$ Prepare a Report Showing Revenue and Spending Varlances $[$L$09-2]$

$25$ ports

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$(9)$

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Quilcene Oysteria forms ond sells oysters in the Pocific Northwest. The compony horvested ond sold $7,400$ pounds of oysters in August. The compony's flexible budget for August oppeors below:

The actuol results for August oppeor below:

Required:

Calculote the compony's revenue and spending variances for August. $($Indicate the effect of each varlance by selecting $"F"$ for favorable, $"$U$"$ for unfavorable, and "None" for no effect $($I$.$e$..$ zero variance$).$ Input all amounts as positive values.$)$