Quilcene Oysteria farms and sells oysters in the Pacific Northwest . The company harvested and sold 7.600 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) 7,680 Revenue (54.289) $ 31,920 Expenses: Packing supplies ($6.39) 2,280 Oyster bed maintenance ($3,200) 3,200 Wages and salaries ($2,300 + $6.259) 4,280 Shipping ($0.759) 5,789 Utilities ($1,210) 1,210 Other ($490 + $0.019) 566 Total expense 17,156 Net operating income $ 14,764 The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,6ee Revenue $ 26,709 Expenses: Packing supplies 2,450 Oyster bed maintenance 3,660 Wages and salaries 4.610 Shipping 5,430 Utilities 1,620 Other 1,186 Total expense 17,756 Net operating income $ 8,944 Required: Calculate the company's revenue and spending variances for August. (Indicate the effect of each varlance by selecting "F" for favorable. "U" for unfavorable, and "None" for no effect (Le.. 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