Exerclse 9-2 (Algo) Prepare a Report Showing Revenue and Spending Varlances [LO9-2] Quilcene Oysteria farms and sells oysters in the Pacific Nortiwest. The company harvested and sold 7,700 pounds of oysters in August. The company's fexible budget for August appears below: The ectual results for August oppeor below: Calculate the company's revenue and spending variances for August. (Indicate the effect of each variance b favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as posittve Required: Calculate the company's revenue and spending variances for August. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero variance). Input all amounts as positive values.)