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 (g) 7,200 $ Revenue ($4.15g) 29,880 Expenses: Packing supplies ($0.40g) 2,880 Oyster bed maintenance ($3,500) 3,500 Wages and salaries ($2,500 + $0.25g) 4,300 Shipping ($0.65g) 4,680 Utilities ($1,250) 1,250 Other ($410 + $0.019) 482 Total expense 17,092 $ 12,788 Net operating income The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,200 $ Revenue 27,100 Expenses: Packing supplies 3,050 Oyster bed maintenance 3,360 Wages and salaries 4,710 Shipping 4,410 Utilities 1,060 Other 1,102 Total expense 17,692 Net operating income $ 9,408 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.) 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