Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,600 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 (q) Revenue ($4.20q) Expenses: Packing supplies ($0.35q) Oyster bed maintenance ($3,000) Wages and salaries ($2,300 + $0.25q) Shipping ($0.70q) Utilities ($1,210) Other ($410 + $0.01q) Total expenses Net operating income The actual results for August were as follows: Quilcene Oysteria Income Statement For the Month Ended August 31 7,600 $ 31,920 2,660 3,000 4,200 5,320 1,210 486 16,876 $ 15,044 Actual pounds Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expenses Net operating income Required: 7,600 $ 26,900 2,830 2,860 4,610 5,050 1,020 1,106 17,476 $ 9,424 Calculate the company's revenue and spending variances for August. Note: 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. Revenue Expenses: Quilcene Oysteria Revenue and Spending Variances For the Month Ended August 31 $ 5,020 U Packing supplies