Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,700 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)		7,700
Revenue ($4.15q)	$	31,955
Expenses:
Packing supplies ($0.35q)		2,695
Oyster bed maintenance ($3,500)		3,500
Wages and salaries ($2,100 + $0.40q)		5,180
Shipping ($0.60q)		4,620
Utilities ($1,240)		1,240
Other ($470 + $0.01q)		547
Total expense		17,782
Net operating income	$	14,173

The actual results for August appear below:

Quilcene Oysteria
Income Statement
For the Month Ended August 31
Actual pounds		7,700
Revenue	$	26,900
Expenses:
Packing supplies		2,865
Oyster bed maintenance		3,360
Wages and salaries		5,590
Shipping		4,350
Utilities		1,050
Other		1,167
Total expense		18,382
Net operating income	$	8,518

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.)

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