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 ($4.15q)	$	31,955
Expenses:
Packing supplies ($0.25q)		1,925
Oyster bed maintenance ($3,200)		3,200
Wages and salaries ($2,500 + $0.45q)		5,965
Shipping ($0.60q)		4,620
Utilities ($1,240)		1,240
Other ($410 + $0.01q)		487
Total expense		17,437
Net operating income	$	14,518

The actual results for August appear below:

Quilcene Oysteria
Income Statement
For the Month Ended August 31
Actual pounds		7,700
Revenue	$	26,800
Expenses:
Packing supplies		2,095
Oyster bed maintenance		3,060
Wages and salaries		6,375
Shipping		4,350
Utilities		1,050
Other		1,107
Total expense		18,037
Net operating income	$	8,763

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.)

Quilcene Oysteria Revenue and Spending Variances For the Month Ended August 31 Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income