Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,800 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) 7,800 Revenue ($4.15q) $ 32,370 Expenses: Packing supplies ($0.35q) 2,730 Oyster bed maintenance ($3,400) 3,400 Wages and salaries ($2,100 + $0.45q) 5,610 Shipping ($0.65q) 5,070 Utilities ($1,250) 1,250 Other ($500 + $0.01q) 578 Total expense 18,638 Net operating income $ 13,732 The actual results for August were as follows: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,800 Revenue $ 27,400 Expenses: Packing supplies 2,900 Oyster bed maintenance 3,260 Wages and salaries 6,020 Shipping 4,800 Utilities 1,060 Other 1,198 Total expense 19,238 Net operating income $ 8,162 Required: Calculate the companys revenue and spending variances for August. Note: 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.