Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,000 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)		7,000
Revenue ($4.25q)	$	29,750
Expenses:
Packing supplies ($0.40q)		2,800
Oyster bed maintenance ($3,300)		3,300
Wages and salaries ($2,600 + $0.30q)		4,700
Shipping ($0.70q)		4,900
Utilities ($1,250)		1,250
Other ($430 + $0.01q)		500
Total expense		17,450
Net operating income	$	12,300

The actual results for August appear below:

Quilcene Oysteria
Income Statement
For the Month Ended August 31
Actual pounds		7,000
Revenue	$	27,300
Expenses:
Packing supplies		2,970
Oyster bed maintenance		3,160
Wages and salaries		5,110
Shipping		4,630
Utilities		1,060
Other		1,120
Total expense		18,050
Net operating income	$	9,250

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