Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,300 pounds of oysters in August. The companys flexible budget for August appears below:

Quilcene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds (q) 7,300 Revenue ($4.15q) $ 30,295 Expenses: Packing supplies ($0.35q) 2,555 Oyster bed maintenance ($3,400) 3,400 Wages and salaries ($2,500 + $0.50q) 6,150 Shipping ($0.55q) 4,015 Utilities ($1,300) 1,300 Other ($410 + $0.01q) 483 Total expense 17,903 Net operating income $ 12,392

The actual results for August were as follows:

Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,300 Revenue $ 27,100 Expenses: Packing supplies 2,725 Oyster bed maintenance 3,260 Wages and salaries 6,560 Shipping 3,745 Utilities 1,110 Other 1,103 Total expense 18,503 Net operating income $ 8,597

Required:

Calculate the companys 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.)

Quilcene Oysteria Revenue and Spending Variances For the Month Ended August 31 Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping F F None U Utilities Other Total expense Net operating income