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 ($0.30q)		2,250
Oyster bed maintenance ($3,500)		3,500
Wages and salaries ($2,600 + $0.45q)		5,975
Shipping ($0.70q)		5,250
Utilities ($1,250)		1,250
Other ($450 + $0.01q)		525
Total expense		18,750
Net operating income	$	12,375

The actual results for August appear below:

Quilcene Oysteria Income Statement For the Month Ended August 31
Actual pounds		7,500
Revenue	$	26,800
Expenses:
Packing supplies		2,420
Oyster bed maintenance		3,360
Wages and salaries		6,385
Shipping		4,980
Utilities		1,060
Other		1,145
Total expense		19,350
Net operating income	$	7,450

Required:

Compute the companys 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 (i.e., zero variance). Input all amounts as positive values.)