Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,100 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)		7,100
Revenue ($4.10q)	$	29,110
Expenses:
Packing supplies ($0.30q)		2,130
Oyster bed maintenance ($3,300)		3,300
Wages and salaries ($2,200 + $0.40q)		5,040
Shipping ($0.60q)		4,260
Utilities ($1,250)		1,250
Other ($420 + $0.01q)		491
Total expense		16,471
Net operating income	$	12,639

The actual results for August appear below:

Quilcene Oysteria Income Statement For the Month Ended August 31
Actual pounds		7,100
Revenue	$	26,800
Expenses:
Packing supplies		2,300
Oyster bed maintenance		3,160
Wages and salaries		5,450
Shipping		3,990
Utilities		1,060
Other		1,111
Total expense		17,071
Net operating income	$	9,729

Required:

Compute 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