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Uystena farms and sells oysters in the Pacific Northwest. ine company narvested and sold 1,500 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) 7,500 Revenue ($4.159) $ 31,125 Expenses: Packing supplies ($0.30) 2,250 Oyster bed maintenance ($3,600) 3,600 Wages and salaries ($2,500 + $0.40) 5,500 Shipping ($0.759) 5,625 Utilities ($1,300) 1,300 Other (5470 + $0.019) 545 Total expense 18,820 Net operating income $ 12,305 The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,500 Revenue $ 27,300 Expenses: Packing supplies 2,420 Oyster bed maintenance 3,460 Wages and salaries 5,918 Shipping 5,355 Utilities 1,110 Other 1,165 Total expense 19,420 Net operating income $ 7,880 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.) Qulicone Oysteria Revenue and Spending Variances For the Month Ended August 31 Revenue Expenses Packing supplies Oyster bed maintenance Wages and salarios Shipping Uulities Other Total expenso Net operating Income