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 ($4.05q)	$	29,970
Expenses:
Packing supplies ($0.25q)		1,850
Oyster bed maintenance ($3,600)		3,600
Wages and salaries ($2,200 + $0.45q)		5,530
Shipping ($0.60q)		4,440
Utilities ($1,290)		1,290
Other ($480 + $0.01q)		554
Total expense		17,264
Net operating income	$	12,706

The actual results for August appear below:

Quilcene Oysteria
Income Statement
For the Month Ended August 31
Actual pounds		7,400
Revenue	$	26,900
Expenses:
Packing supplies		2,020
Oyster bed maintenance		3,460
Wages and salaries		5,940
Shipping		4,170
Utilities		1,100
Other		1,174
Total expense		17,864
Net operating income	$	9,036

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.)