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 Month Ended August 31 Actual pounds (g) 8,000 Revenue ($4.15g) $ 33,200 Expenses: Packing supplies ($0.30g) 2,400 Oyster bed maintenance ($3,400) 3,400 Wages and salaries ($2,000 + $0.40g) 5,200 Shipping ($0.60g) 4,800 Utilities ($1,260) 1,260 Other ($430 + $0.01g) 510 Total expense Net operating income The actual results for August were as follows: Quilcene Oysteria Income Statement For the Month Ended August 31 17,570 $ 15,630 Actual pounds Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income Required: 8,000 $ 26,600 2,570 3,260 5,610 4,530 1,070 1,130 18,170 $ 8,430 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 Quilcene Oysteria Revenue and Spending Variances For the Month Ended August 31 Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income