Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,000 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)		7,000
Revenue ($4.20q)	$	29,400
Expenses:
Packing supplies ($0.40q)		2,800
Oyster bed maintenance ($3,300)		3,300
Wages and salaries ($2,000 + $0.50q)		5,500
Shipping ($0.60q)		4,200
Utilities ($1,200)		1,200
Other ($470 + $0.01q)		540
Total expense		17,540
Net operating income	$	11,860

The actual results for August were as follows:

Quilcene Oysteria
Income Statement
For the Month Ended August 31
Actual pounds		7,000
Revenue	$	27,300
Expenses:
Packing supplies		2,970
Oyster bed maintenance		3,160
Wages and salaries		5,910
Shipping		3,930
Utilities		1,010
Other		1,160
Total expense		18,140
Net operating income	$	9,160

Required:

Calculate the company’s revenue and spending variances for August. (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.)