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Quicene Oysteria forms and sells oysters in the Pacific Northwest. The company harvested and sold 8,000 pounds of oysters in August. The company's flexible budget for August appears below. Quitcene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds (9) 8,000 Revenue (54.289) $33,600 Expenses Packing supplies (50.354) 2.600 Dyster bed maintenance ($3,200) 3,20 Wages and salaries ($2,200 50.489) 5,400 Shipping $0.709) Utilities ($1,290) 1,290 Other (5440 - 10.01) Total expense 15,810 Net operating income $14,790 12 5,600 520 The actual results for August appear below: 8.000 Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds Revenue $27. So Expenses Packing supplies Oyster bed saintenance Wages and salaries 5, 10 Shipping 5,330 Utilities 1,100 Other 1.140 Total expense 19, 410 $ 8,90 Net operating income 2,970 3,060 Required: Packing Supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income 2.97 3,60 5,820 5,330 1,100 1.140 19,410 $ 8,090 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.) Qulicne 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