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 31 Actual pounds (q) 8,000 Revenue ($4.00q) $32,000 Expenses: Packing supplies ($0.50q) ... 4,000 Oyster bed maintenance ($3,200) 3.200 Wages and salaries ($2,900 + $0.30q) 5,300 Shipping ($0.80q) 6.400 Utilities ($830) ...... 830 Other ($450 + $0.05q) 850 Total expense 20,580 Net operating income $11,420 The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 8,000 Revenue ..... $35.200 Expenses: Packing supplies. 4,200 Oyster bed maintenance. 3,100 Wages and salaries . 5,640 Shipping 6,950 Utilities. 810 Other. 980 Total expense. 21.680 Net operating income $13,520 Required: Prepare a report showing the company's revenue and spending variances for August