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I need help for my Accounting class 349, I would be very grateful Quilcene Oysteria farms and sells oysters in the Pacic Northwest. The company

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I need help for my Accounting class 349, I would be very grateful

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Quilcene Oysteria farms and sells oysters in the Pacic Northwest. The company harvested and sold 7,600 pounds of oysters in August. The company's exible budget for August appears below: Quilcene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds (q) 7,600 Revenue ($4.25q) $ 32,300 Expenses: Packing supplies ($0.35q) 2,660 Oyster bed maintenance ($3,100) 3,100 Wages and salaries ($2,300 + $0.30q) 4,580 Shipping ($0.80q) 6,080 Utilities ($1,240) 1,240 Other ($430 + $0.01 q) 506 Total expense 18,166 Net operating income $ 14,134 The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,600 Revenue $27,200 Expenses: Packing supplies 2,830 Oyster bed maintenance 2,960 Wages and salaries 4,990 Shipping 5,810 Utilities 1 ,050 Other 1,126 Total expense 18,766 Net operating income $ 8,434 Required: Compute 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.) Net operating income

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