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Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7100 pounds of oysters in August The company's flexible budget

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Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7100 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 () 7,100 $ 29,465 Revenue (54.159) Expenses Packing supplies (50.400) Oyster bed maintenance (53.100) Wages and salaries ($2,200 + 58.409) Shipping (50.700) Utilities (51,300 Other (5450+ 50.017) Total expense Net operating incont 2,840 3.100 5,040 4,970 1,300 531 17,783 $11.654 The actual results for August were as follows Qullene Oysteris Income Statement For the Month Ended August 31 7100 The actual results for August were as follows: Quilcene Oysteria Income Statement For the Month Ended: August 31 Actual pounds $27,200 3,010 2,960 5.450 Revenue Expenses Packing supplies Oyster bed maintenance Wages and salaries Shipping Utt other Total expense het operating income 4,200 1,119 1.151 16 UBI $3,019 Required: Calculate the company revenue and spending variances for August (indicate the effect of voch variance by selecting" for favorable, "U" for unfavorable, and "None for no effect ( zero volence). Input all amounts os positive values) Quitcene Oyster

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