Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,300 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 ($4.05q) Packing supplies ($0.25q) Expenses: Oyster bed maintenance ($3,500) Wages and salaries ($2,300 + $0.45q) Shipping ($0.75q) Utilities ($1,260) Other ($450 + $0.019) Total expense Net operating income The actual results for August were as follows: Quilcene Oysteria Income Statement For the Month Ended August 31 7,300 $ 29,565 1,825. 3,500 5,585 5,475 1,260 523 18,168 $ 11,397 Actual pounds Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income 7,300 $ 27,100 1,995 3,360 5,995 5,205 1,070 1,1431 18,768 $ 8,332