Quilcene oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7.500 pounds of oysters in August. The company's flexible budget for August appears below. Quilcene oysteria Flexible Budget Actual For the Month Ended August 3 pounds $31,875 Expenses: Packing supplies ($0.30g) oyster bed maintenance ($3,400) 3,400 Wages and salaries ($2,300 $0.40q) 5,300 Shipping ($0.65q) Utilities ($1,270) 1,270 Other ($430 $0.01 q) 505 Total expense 17,600 Net operating income $14,275 The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 7.500 Actual pounds 27,400 Expenses 2,420 Packing supplies ster bed maintenance 5.710 Wages and salaries 4,605 Shipping 1,080 1,125 Other 18,200 Total expense 9.200 Net operating income