Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7100 pounds of oysters in August The company's flexible budget for August appears below: Quilcene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds (9) 7,100 $ 29,465 Revenue ($4.159) Expenses: Packing supplies ($0.409) Oyster bed maintenance (53,200) Wages and salaries (52.000 + $0.300) Shipping (0.709) Utilities ($1,270) Other (5400 + $0.019) Total expense Net operating income 2,840 3,200 4.130 4,970 1.270 471 16.01 $ 12,584 The actual results for August were as follows: Quilcene Oyuteria Income Statement For the Month Ended August 31 hetual pounds 3.100 Rover 5220 Expenses Packupplies 3,010 oyster bed sintenance 3,060 Wage and see 4.540 OLE 5.11 Wages and salaries Shipping Utilities Other Total expense Net operating income 4,540 4,700 1,080 1,091 17,481 $ 9,619 Required: Calculate the company's 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 fi.e., zero variance). Input all amounts as positive values.) Qullcene Oysteria Revenue and Spending Variances For the Month Ended August 31 Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Uties Other Total expense Nel operating income