Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 8,000 pounds of oysters in August. The company's flexible budget for August appears below:

Quilcene Oysteria

Flexible Budget

For the Month Ended August 31Actual pounds (q)8,000Revenue ($4.00q)$32,000Expenses:Packing supplies ($0.50q)

4,000Oyster bed maintenance ($3,200)

3,200Wages and salaries ($2,900 + $0.30q)

5,300Shipping ($0.80q)

6,400Utilities ($830)

830Other ($450 + $0.05q)

850Total expense20,580Net operating income$11,420

The actual results for August appear below:

Quilcene Oysteria

Income Statement

For the Month Ended August 31Actual pounds8,000Revenue$35,200Expenses:Packing supplies

4,200Oyster bed maintenance

3,100Wages and salaries

5,640Shipping

6,950Utilities

810Other

980Total expense21,680Net operating income$ 13,520

Required:

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