Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,300 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)		7,300
Revenue ($4.10q)	$	29,930
Expenses:
Packing supplies ($0.30q)		2,190
Oyster bed maintenance ($3,600)		3,600
Wages and salaries ($2,000 + $0.30q)		4,190
Shipping ($0.75q)		5,475
Utilities ($1,210)		1,210
Other ($440 + $0.01q)		513
Total expense		17,178
Net operating income	$	12,752

The actual results for August appear below:

Quilcene Oysteria
Income Statement
For the Month Ended August 31
Actual pounds		7,300
Revenue	$	27,400
Expenses:
Packing supplies		2,360
Oyster bed maintenance		3,460
Wages and salaries		4,600
Shipping		5,205
Utilities		1,020
Other		1,133
Total expense		17,778
Net operating income	$	9,622

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