Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,100 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) 7,100 Revenue ($4.05q) $ 28,755 Expenses: Packing supplies ($0.40q) 2,840 Oyster bed maintenance ($3,500) 3,500 Wages and salaries ($2,200 + $0.45q) 5,395 Shipping ($0.70q) 4,970 Utilities ($1,290) 1,290 Other ($430 + $0.01q) 501 Total expense 18,496 Net operating income $ 10,259 The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,100 Revenue $ 27,300 Expenses: Packing supplies 3,010 Oyster bed maintenance 3,360 Wages and salaries 5,805 Shipping 4,700 Utilities 1,100 Other 1,121 Total expense 19,096 Net operating income $ 8,204 Required: Calculate 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.)