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

Qullcene Oysterla farms and sells oysters In the Paclfic Northwest. The company harvested and sold $7,600$ pounds of oysters in

August. The company's flexible budget for August appears below.

The actual results for August were as follows:

Required:

Calculate the company's revenue and spending varlances for August.

Note: Indicate the effect of each variance by selecting $"$F$"$ for favorable, $"$U$"$ for unfavorable, and "None" for no effect $($L$.$e$.,$ zero

varlance$).$ Input all amounts as positive values.