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Exerclse 9-2 Prepare a Report Showing Revenue and Spending Varlances [LO9-2] Quilcene Oysterio farms and sells oysters in the Pocific Northwest. The compony harvested and
Exerclse 9-2 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 7,200 pounds of oysters in August. The compony's flexible budget for August appears below: The actual results for August appeor below: Required: Calculate the compeny's revenue and spending veriances for August. (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (I.e., zero varlance). Input all amounts as positive values.)
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