Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,300 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 (q) Revenue ($4.10g) 7,300 $29,930 Expenses: Packing supplies (S0.30q) Oyster bed maintenance ($3,600) 2,190 3,600 Wages and salaries ($2,300 $0.30q) 4,490 4,745 1,250 563 Shipping ($0.65q) Utilities ($1,250) Other ($490+ $0.01q) Total expense 16,838 Net operating income $13,092 The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds Revenue 7,300 $26,700 Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other 2,360 3,460 4,900 4,475 1,060 1,183 Total expense 7,438 Net operating income $ 9,262