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Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,800 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 (9) 7,800 Revenue (54.209) $ 32,760 Expenses: Packing supplies (50.359) 2,730 Oyster bed maintenance ($3,500) 3,500 Hages and salaries (52,600 + $0.40) 5,720 Shipping ($0.709) 5,460 Utilities ($1,270) 1,270 Other (5490 + $0.019) 568 Total expense 19,248 $ 13,512 Net operating income The actual results for August appear below. Quilcene Oysteria Income statement For the Month Ended August 31 Actual pounds 7.800 Revenge 5.27.400 Expenses Packing supplies 2,900 Oyster bed maintenance 3,360 Wages and salarien 6,130 Shipping 5,190 Utilities 1.080 Other 1,180 Total expense 19,840 Het operating income 5 7,552 DAR 2 Revenue $ 27,400 Expenses Packing supplies 2,900 Oyster bed maintenance 3,360 Wages and salaries 6,130 Shipping 5,190 Utilities 1,080 Other 1,188 Total expense 19,848 Net operating income $ 7,552 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 (...zero variance). Input all amounts as positive values.) ped LOK ht nces Quilcene Oysteria Revenue and Spending Variances For the Month Ended August 31 Revenue Expensos: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income