Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,100 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) 7,100 Revenue ($4.10q) $ 29,110 Expenses: Packing supplies ($0.359) 2,485 Oyster bed maintenance ($3,300) 3,300 Wages and salaries ($2,100 + $0.359) 4,585 Shipping ($0.70q) 4,970 Utilities ($1,270) Other ($440 + $0.019) Total expense 1,270 511 17,121 $ 11,989 Net operating income The actual results for August appear below: The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds Revenue Expenses: Packing supplies 7,100 $ 27,000 2,655 Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense 3,160 4,995 4,700 1,080 1,131 17,721 Net operating income $ 9,279 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.) 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