Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,800 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 (9) 7,800 Revenue ($4.289) $ 32,760 Expenses: Packing supplies ($0.259) 1,950 Oyster bed maintenance ($3,300) 3,300 Wages and salaries ($2,100 + $0.309) 4,440 Shipping ($0.75q) 5,850 Utilities ($1,260) 1,260 Other ($500 + $0.019) 578 Total expense 17,378 Net operating income $ 15,382 The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds Revenue Expenses: 7,800 $ 27,100 Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other 2,120 3,160 4,850 5,580 1,070 1,198 Total expense 17,978 Net operating income $ 9,122