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Quicene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,900 pounds of oysters in August. The company's flexible budget

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Quicene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,900 pounds of oysters in August. The company's flexible budget for August appears below Quicene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds (q) Revenue ($4.10) 7,900 $32,390 Packing supplies ($o.30q) Oyster bed maintenance ($3,300) Wages and salaries ($2,000+S0.30q) Shipping (s0.60) Utiies ($1,300) Other ($400+$0.01q) 2,370 4,370 4,740 479 16,559 15,831 Total expense Net operating income The actual results for August appear below Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds $ 26,600 Packing supplies Oyster bed maintenance 3,160 4,780 4,470 1,110 1,099 Wages and salaries Uiies Total expense 17,159 Net operating income 9,441 Compute the company's revenue and spending variances for August. (Indicate the effect of each

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