Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,200 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)		7,200
Revenue ($4.05q)	$	29,160
Expenses:
Packing supplies ($0.35q)		2,520
Oyster bed maintenance ($3,100)		3,100
Wages and salaries ($2,000 + $0.25q)		3,800
Shipping ($0.65q)		4,680
Utilities ($1,210)		1,210
Other ($440 + $0.01q)		512
Total expense		15,822
Net operating income	$	13,338

The actual results for August appear below:

Quilcene Oysteria
Income Statement
For the Month Ended August 31
Actual pounds		7,200
Revenue	$	26,800
Expenses:
Packing supplies		2,690
Oyster bed maintenance		2,960
Wages and salaries		4,210
Shipping		4,410
Utilities		1,020
Other		1,132
Total expense		16,422
Net operating income	$	10,378

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