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 ($4.20q)	$	31,080
Expenses:
Packing supplies ($0.40q)		2,960
Oyster bed maintenance ($3,200)		3,200
Wages and salaries ($2,000 + $0.35q)		4,590
Shipping ($0.65q)		4,810
Utilities ($1,230)		1,230
Other ($490 + $0.01q)		564
Total expense		17,354
Net operating income	$	13,726

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		3,060
Wages and salaries		5,000
Shipping		4,540
Utilities		1,040
Other		1,184
Total expense		17,954
Net operating income	$	8,746

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.)