Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,400 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)		7,400
Revenue ($4.25q)	$	31,450
Expenses:
Packing supplies ($0.40q)		2,960
Oyster bed maintenance ($3,100)		3,100
Wages and salaries ($2,200 + $0.35q)		4,790
Shipping ($0.75q)		5,550
Utilities ($1,220)		1,220
Other ($510 + $0.01q)		584
Total expense		18,204
Net operating income	$	13,246

The actual results for August appear below:

Quilcene Oysteria Income Statement For the Month Ended August 31
Actual pounds		7,400
Revenue	$	26,700
Expenses:
Packing supplies		3,130
Oyster bed maintenance		2,960
Wages and salaries		5,200
Shipping		5,280
Utilities		1,030
Other		1,204
Total expense		18,804
Net operating income	$	7,896

Required:

Compute 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.)