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 ($4.20g) $29,820 Expenses: Packing supplies ($0.30g) 2,130 Oyster bed maintenance ($3,200) 3,200 Wages and salaries ($2,000+ $0.35g) 4,485 Shipping ($0.75g) 5,325 Utilities ($1,240) 1,240 Other ($400 + $0.01g) 471 Total expense 16,851 $ 12,969 Net operating income The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,100 Revenue $27,200 Expenses: Packing supplies 2,300 Oyster bed maintenance. 3,060 Wages and salaries 4,895 Shipping 5,055 Utilities Other 1,050 1,091 Total expense Net operating income. 17,451 $ 9,749