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For the Month Ended August 31 Actual pounds (9) 7,000 Revenue ($4.15q) $ 29,050 Expenses: Packing supplies ($0.309) 2,100 Oyster bed maintenance ($3,000) 3,000

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For the Month Ended August 31 Actual pounds (9) 7,000 Revenue ($4.15q) $ 29,050 Expenses: Packing supplies ($0.309) 2,100 Oyster bed maintenance ($3,000) 3,000 5,750 5,600 1,220 540 Wages and salaries ($2,600 + $0.459) Shipping ($0.809) Utilities ($1,220) Other ($470 + $0.019) Total expense Net operating income The actual results for August were as follows: Quilcene Oysteria Income Statement For the Month Ended August 31 18,210 $ 10,840 Actual pounds Revenue Expenses: Packing supplies Oyster bed maintenance. Wages and salaries Shipping Utilities Other 7,000 $ 26,600 2,270 2,860 6,160 5,330 1,030 1,160 18,810 $ 7,790 Total expense Net operating income 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 (i.e., zero variance). Input all amounts as positive values.) Quilcene Oysteria Revenue and Spending Variances For the Month Ended August 31 Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income

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