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 ($4.15q)	$	29,880
Expenses:
Packing supplies ($0.35q)		2,520
Oyster bed maintenance ($3,400)		3,400
Wages and salaries ($2,400 + $0.45q)		5,640
Shipping ($0.55q)		3,960
Utilities ($1,250)		1,250
Other ($500 + $0.01q)		572
Total expense		17,342
Net operating income	$	12,538

The actual results for August appear below:

Quilcene Oysteria
Income Statement
For the Month Ended August 31
Actual pounds		7,200
Revenue	$	26,600
Expenses:
Packing supplies		2,690
Oyster bed maintenance		3,260
Wages and salaries		6,050
Shipping		3,690
Utilities		1,060
Other		1,192
Total expense		17,942
Net operating income	$	8,658

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.)