Quiicene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,300 pounds of oysters in August. The company's flexible budget for August appears below. Quilcene oysteria Flexible Budget For the Month Ended August 31 7,300 Actual pounds (4) Revenue ($4.200) Expenses: $ 30,660 Packing supplies (s0.30g). 2,190 3,100 5,220 oyster bed maintenance ($3,100) wages and salaries ($2,300 10.40q) Shipping (se.60g), utilities ($1,200) 4,380 1,200 553 other ($420 s0.014) Total expense 16,643 Net operating income $ 14,017 The actual results for August were as follows: Quilcene Oysteria Income statement For the Month Ended August 31 Actual pounds 7,300 Revenue $ 27,000 Expenses: Packing supplies 2,360 Oyster bed maintenance 2,968 5,630 Wages and salaries shipping utilities 4,110 1,010 other 1,173 Total expense 17,243 Net operating income $ 9,757 Required: Calculate the company's revenue and spending variances for August (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance). Input all amounts as positive values.) Quilcene Oysteria Revenue and Spending Variances For the Month Ended August 31 Revenue Expenses Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilties Other Total expense Net operating income