Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,200 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 (q) Revenue ($4.05q) Expenses: Packing supplies ($0.309) Oyster bed maintenance ($3,300) Wages and salaries ($2,200 + $0.309) Shipping ($0.55q) Utilities ($1,260) Other ($410 + $0.019) Total expenses Net operating income The actual results for August were as follows: Quilcene Oysteria Income Statement For the Month Ended August 31 7,200 $ 29,160 2,160 3,300 4,360 3,960 1,260 482 15,522 $ 13,638 Actual pounds Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expenses Net operating income Required: 7,200 $ 27,500 2,330 3,160 4,770 3,690 1,070 1,102 16,122 $ 11,378 Calculate the company's revenue and spending variances for August. Note: 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: Packing supplies Quilcene Oysteria Revenue and Spending Variances For the Month Ended August 31 Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expenses Net operating income