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Quilcene Oysteria farms and sells oysters in the Pacific Northtvest. The company harvested and sold 7,900 pounds of oysters in August. The company's flexible budget for August appears below: 7.900 $32,390 Quilcene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds (9) Revenue ($4.109) Expenses: Packing supplies (50.309) Oyster bed maintenance ($3,300) Wages and salaries ($2,500 + $0.309) Shipping ($0.709) Utilities ($1,240) Other ($490 + $0.019) Total expense Net operating income 2,370 3,300 4,870 5,530 1,240 569 17,879 $ 14,511 The actual results for August were as follows: Quilcone Oysteria Income Statement For the Month Ended August 31 Actual pounds 7.900 Revenue $ 27,300 Expenses Packing supplies 2,540 Oyster bed maintenance 3,160 Wages and salarien 5,280 Shipping 5,260 Utilities 1,050 Other 1,189 Total expense 18,479 Net operating income $ 8,821 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 (.e., zero variance). Input all amounts as positive values.) Quilcone 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 expenso Net operating income