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 ($4.20q)	$ 29,820
Expenses:
Packing supplies ($0.25q)	1,775
Oyster bed maintenance ($3,100)	3,100
Wages and salaries ($2,500 + $0.35q)	4,985
Shipping ($0.60q)	4,260
Utilities ($1,240)	1,240
Other ($420 + $0.01q)	491
Total expense	15,851
Net operating income	$ 13,969

The actual results for August appear below:

Quilcene Oysteria
Income Statement
For the Month Ended August 31
Actual pounds	7,100
Revenue	$ 26,600
Expenses:
Packing supplies	1,945
Oyster bed maintenance	2,960
Wages and salaries	5,395
Shipping	3,990
Utilities	1,050
Other	1,111
Total expense	16,451
Net operating income	$ 10,149

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.)

Please include credits and debits to accounts

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 income: