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:

The actual results for August were as follows:

Required:

Calculate the company's revenue and spending variances for August.

Note: 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.