Quilcene Oysteria farms and sells oysters in the Pacic Northwest. The company harvested and sold 7,000 pounds of oysters in August. The company's exible budget for August appears below: Quilcene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds to) 7,666 Revenue ($4.16q} $28,766 Expenses: Packing supplies ($6.36q) 2,166 Oyster bed maintenance ($3,2II) 3,2II Wages and salaries ($2,166 + $6.45q} 5,259 Shipping ($9.76q) 4,996 Utilities ($1,233) 1,236 Other ($416 + $6.61q) 433 Total expense 17,166 $11,543 Net operating income r_________________________________ The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,666 Revenue $25.533 Expenses: Packing supplies 2,276 Oyster bed maintenance 3,666 Wages and salaries 5,666 Shipping 4,636 Utilities 1,646 Other 1.193 Total expense 17.753 Net operating income _LZE_