Quilcene Oysteria farms and sells oysters in the Pacic Northwest. The company harvested and sold 8,000 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 (g) 8,000 Revenue ($4.10q) $ 32,800 Expenses: Packing supplies ($0.25q) 2,000 Oyster bed maintenance ($3,500) 3,500 Wages and salaries ($2,400 + $0.45q) 6,000 Shipping ($0.60q) 4,800 Utilities ($1,280) 1,280 other ($450 + $0.01q) 530 Total expense 18,110 Net operating income $ 14'69 The actual results for August appear below: Quilcene Oysteria Income statement For the Month Ended August 31 Actual pounds 8,000 Revenue $ 27,100 Expenses: Packing supplies 2,170 Oyster bed maintenance 3,360 Wages and salaries 6,410 Shipping 4,530 Utilities 1,090 other 1,150 Total expense 18,710 Net operating income $ 8'390 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.) Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Total expense Net operating income