Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,700 pounds of oysters in August. The company's flexible budget for August appears below Flexible Budget For the Month Ended August 31 Actual pounds (q) 700 $32,340 Revenue ($4.20g) Packing supplies ($0.25q) Oyster bed maintenance ($3,200) Wages and salanes ($2,600+$0.50q) 1.925 3.200 Utilities ($1,260) Other ($410+$0.01q) Total expense 1,260 487 19.097 $13,243 Net operating income The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 pounds $27,100 Revent Expenses: Packing supplies Oystei dalaries 2.095 nance 6 860 Shipping Utilities 5.505 1,070 Other 1,107 Total expense 7,403 Net operating income Required: and spending variances for August. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (ie 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