Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,000 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 (q) Revenue ($4.104) Expenses: Packing supplies ($0.300) Oyster bed maintenance ($3,400) Wages and salaries ($2,100 $0.400)) Shipping ($0.709) Utilities ($1,280) Other ($490 $0.010) Total expense Net operating income The actual results for August were as follows: Quilcene Oysterial Income Statement For the Month Ended August 31 7,000 $ 28,700 2,100 3,400 4,900 4,900 1,280 560 17,140 $ 11,560 Actual pounds Revenue Expenses: Packing supplies Oyster bed maintenance: Wages and salaries Shipping Utilities Other Total expense Net operating income Danule 7,000 $ 27,100 2,270 3,260 5,310 4,630 1,090 1,180 17,740 $ 9,360