Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,500 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)	7,500
Revenue ($4.15q)	$ 31,125
Expenses:
Packing supplies ($0.35q)	2,625
Oyster bed maintenance ($3,100)	3,100
Wages and salaries ($2,200 + $0.45q)	5,575
Shipping ($0.75q)	5,625
Utilities ($1,230)	1,230
Other ($430 + $0.01q)	505
Total expense	18,660
Net operating income	$ 12,465

The actual results for August were as follows:

Quilcene Oysteria
Income Statement
For the Month Ended August 31
Actual pounds	7,500
Revenue	$ 26,900
Expenses:
Packing supplies	2,795
Oyster bed maintenance	2,960
Wages and salaries	5,985
Shipping	5,355
Utilities	1,040
Other	1,125
Total expense	19,260
Net operating income	$ 7,640

Required:

Calculate the companys revenue and spending variances for August.

Quilcene OysteriaRevenue and Spending VariancesFor the Month Ended August 31RevenueExpenses:Packing suppliesOyster bed maintenanceWages and salariesShippingUtilitiesOtherTotal expenseNet operating income