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Help Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 8,000 pounds of oyster August. The company's flexible budget
Help Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 8,000 pounds of oyster August. The company's flexible budget for August appears below: Quilcone Oysteris Flexible Budget For the Month Ended August 31 Actual pounds (a) 3.000 Revenue (54.209) $33,600 Expenses Packing supplies (50.300) 2.400 Oyster bed maintenance ($3,500) 3.500 Wages and salaries (52,400.50.300) 4,300 Shipping (50.659) 5, 200 Utilities (51,240) 1,240 Other (5490 - 50.019) 570 Total expense 17.710 Het operating income $15,898 The actual results for August were as follows Quilcene Oysteria Income statement Eneth Ft 11 3 The actual results for August were as follows: 6.68 points Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 8.000 $26.800 eBook Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income 2,578 3,360 5, 210 4,930 1.050 1. 190 18.310 58,490 References 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 (ie, zero variance). Input all amounts as positive values.) Quillcene Opsturias M
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