please answer the questions provided below.

Quilcene Oysteria farms and sells oysters in the Pacic Northwest. The company harvested and sold 7,200 pounds of oysters in August. The company's flexible budget for August appears below: Quilcene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds (g) 7,200 Revenue ($4.20q) $30,240 Expenses: Packing supplies ($0.30q) 2,160 Oyster bed maintenance ($3,300) 3,300 Wages and salaries ($2,400 + $0.35q) 4,920 Shipping ($0.55q) 3,960 Utilities ($1,260) 1,260 Other ($490 + $0.01q) 562 Total expense 16,162 $14,078 Net operating income The actual results for August were as follows: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,200 Revenue $26,900 Expenses: Packing supplies 2,330 Oyster bed maintenance 3,160 Wages and salaries 5,330 Shipping 3,690 Utilities 1,070 Other 1,182 Total expense 16,762 $10,138 Net operating income 7 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.) 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.) Packing supplies Oyster bed maintenance Wages and salaries Utilities Total expense Net operating income