Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,300 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)		7,300
Revenue ($4.20q)	$	30,660
Expenses:
Packing supplies ($0.30q)		2,190
Oyster bed maintenance ($3,000)		3,000
Wages and salaries ($2,100 + $0.35q)		4,655
Shipping ($0.65q)		4,745
Utilities ($1,260)		1,260
Other ($450 + $0.01q)		523
Total expense		16,373
Net operating income	$	14,287

The actual results for August appear below:

Quilcene Oysteria
Income Statement
For the Month Ended August 31
Actual pounds		7,300
Revenue	$	26,500
Expenses:
Packing supplies		2,360
Oyster bed maintenance		2,860
Wages and salaries		5,065
Shipping		4,475
Utilities		1,070
Other		1,143
Total expense		16,973
Net operating income	$	9,527

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