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 ($4.15q)	$	29,465
Expenses:
Packing supplies ($0.30q)		2,130
Oyster bed maintenance ($3,500)		3,500
Wages and salaries ($2,300 + $0.40q)		5,140
Shipping ($0.75q)		5,325
Utilities ($1,300)		1,300
Other ($410 + $0.01q)		481
Total expense		17,876
Net operating income	$	11,589

The actual results for August appear below:

Quilcene Oysteria
Income Statement
For the Month Ended August 31
Actual pounds		7,100
Revenue	$	27,300
Expenses:
Packing supplies		2,300
Oyster bed maintenance		3,360
Wages and salaries		5,550
Shipping		5,055
Utilities		1,110
Other		1,101
Total expense		18,476
Net operating income	$	8,824

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