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Exerclse 9-2 (Algo) Prepare a Report Showing Revenue and Spending Varlances [LO9-2] Quilcene Oysterio farms and sells oysters in the Pocific Northwest. The compony harvested
Exerclse 9-2 (Algo) Prepare a Report Showing Revenue and Spending Varlances [LO9-2] Quilcene Oysterio farms and sells oysters in the Pocific Northwest. The compony harvested and sold 7,900 pounds of oysters in August. The company's flexible budget for August appears below: The actual results for August appes below: Required: Calculate the company'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 (L.e., zero varlance). Input all amounts as positive values.)
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