Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 8,000 pounds of oysters in August. The company's flexible budget for August appears below:

Quilcene oysteria

Flexible Budget for the monthe ended August 31

Actual pounds(q) 8,000

Revenue ($4.00q) $32,000

Expenses:

Packing Supplies ($0.50q) 4,000

Oyster bed ma 3,200

Wages and salaries ($2,900 + $0.30q) 5,300

Shipping($0.80q) 6,400

Utilities($830) 830

Other ($450+$0.50q) 850

Total expenses 20,580

Net operting income $11,420

The actual results for August appear below:

Quilcene oysteria

Income statement for month ended August 31

Actual pounds 8,000

Revenue $35,200

Expenses:

Packing supplies 4,200

Oyster bed maintenance 3,100

Wages and salaries 5,640

Shipping 6,950

Utilities 810

Other 980

Total expenses 21,680

Net operating income $13,520

Required: Prepare a report showing the company's revenue and spending variances for August.