Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,500 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 (g) 7,500 Revenue ($4.05g) ExpensCS: S30,375 Packing supplies (SD.40g) oyster bed maintenance (S3,200) ages and salaries $2,400 + $0.45g) shipping (0.80) Utilities ($1,300) Other 410 + $0.01g) 3, D00 3,200 5,775 6,000 1,300 485 Total expense 10,615 Net operating income The actual results for August appear below: Quilcene oysteria Income Statement For the Nonth Ended August 31 Actual pounds 7,500 Revenue S 26,70D Expenses : Packing auppliea oyster bed maintenance Hages and salaries Shipping Utilities Other 3,170 3,060 6,185 5,730 ,110 ,105 Total expense $ 6,340 Net operating income Required: Calculate the company's 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 Oys Revenue and Spending Variances For the Month Ended August 31 Expenses Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense et operating income