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 (9) 7,500 Revenue ($4.10q) $ 30,750 Expenses: Packing supplies ($0.25q) 1,875 Oyster bed maintenance ($3,300) 3,300 Wages and salaries ($2,000+ $0.30q) 4,250 Shipping ($0.55q) 4,125 Utilities ($1,210) 1,210 Other ($470 +$0.019) 545 Total expense 15,305 $ 15,445 Net operating income The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds Revenue 7,500 $ 27,100 Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping 2,045 3,160 4,660 3,855 Utilities Other 1,020 1,165 Total expense 15,905 Net operating income $ 11,195 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.) Revenue Expenses: Quilcene Oysteria Revenue and Spending Variances For the Month Ended August 31 Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income