Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,600 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)		7,600
Revenue ($4.15q)	$	31,540
Expenses:
Packing supplies ($0.40q)		3,040
Oyster bed maintenance ($3,100)		3,100
Wages and salaries ($2,300 + $0.45q)		5,720
Shipping ($0.65q)		4,940
Utilities ($1,260)		1,260
Other ($490 + $0.01q)		566
Total expense		18,626
Net operating income	$	12,914

The actual results for August appear below:

Quilcene Oysteria
Income Statement
For the Month Ended August 31
Actual pounds		7,600
Revenue	$	27,000
Expenses:
Packing supplies		3,210
Oyster bed maintenance		2,960
Wages and salaries		6,130
Shipping		4,670
Utilities		1,070
Other		1,186
Total expense		19,226
Net operating income	$	7,774

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