Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,200 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 (gl 7,200 $ 30,240 Revenue ($ 4.20) Expenses: Packing supplies ($0.35g) Oyster bed maintenance ($3,200) Tages and salaries ($2,100 + $0.50 g) Shipping ($0.659) Utilities ($1,290) Other ($420 + $0.019) Total expense Net operating income 2,520 3,200 5,700 4,680 1,290 492 17,982 $ 12,350 The actual results for August were as follows: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,200 $ 26,900 Revenue Expenses: Packing supplies Oyster bed maintenance Kages and salaries Shipping Utilities Other Total expense Net operating income 2,690 3,060 6, 110 4,410 1,100 1, 112 19,482 $8,419 Required: Calculate the company's revenue and spending varlances for August. (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero varlance). Input all amounts as positive values.) Quilcene Oysteria Revenue and Spending Variances For the Month August 31 Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income