Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,700 pounds of oysters in August. The companys flexible budget for August appears below:

Quilcene Oysteria
Flexible Budget
For the Month Ended August 31
Actual pounds (q)		7,700
Revenue ($4.20q)	$	32,340
Expenses:
Packing supplies ($0.35q)		2,695
Oyster bed maintenance ($3,100)		3,100
Wages and salaries ($2,300 + $0.35q)		4,995
Shipping ($0.70q)		5,390
Utilities ($1,250)		1,250
Other ($420 + $0.01q)		497
Total expense		17,927
Net operating income	$	14,413

The actual results for August appear below:

Quilcene Oysteria
Income Statement
For the Month Ended August 31
Actual pounds		7,700
Revenue	$	26,500
Expenses:
Packing supplies		2,865
Oyster bed maintenance		2,960
Wages and salaries		5,405
Shipping		5,120
Utilities		1,060
Other		1,117
Total expense		18,527
Net operating income	$	7,973

Required:

Calculate the companys 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.)