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Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7400 pounds of oysters in August . The company's flexible

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Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7400 pounds of oysters in August . The company's flexible budget for August appears below Quilce Oysteri Flexible Budget For the Month Ended August 31 Actual pounds (a) 7,400 $ 29,970 2,590 3.400 Revenue (54.054) Expenses: Packing supplies (50.350) Oyster bed maintenance (53,400) Wages and salaries (52.300 + 50.359) Shipping ($9.659) utilities ($1,250) Other ($498 + $0.019) Total expense Net operating Income 4,890 4,810 1,280 564 17.534 $ 12,436 The actual results for August appear below Quilme Oysteria Income Statement for the Month Ended August 31 Actuel pounds 7,400 5:26 Revenue Expenses Packing supplies Oyster bed waintenance Wages and salaries Shipping Utilities Other Total pense Net operating inco 2,760 3,260 5,300 4,5-10 1,090 1.154 18.134 $ 3,656 Required: Calculate the company's revenue and spending variances for August (indicate the effect of each vorlance by selecting " for favorable "U" for unfavorable and "None" for no effect (Letero variance). Input all amounts as positive values.) Qualne Oy Oyster bed maintenance Wages and salaries Shipping Utilities other Total expense 3,260 5,300 4.540 1,098 1184 18,134 $ 8,666 Net operating income 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.) Quilcone Oysteria Revenue and Spending Variances For the Month Ended August 31 Revenue Expenses Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Not operating income Wyckam Manufacturing Inc. has provided the following information concerning its manufacturing costs: Fred Cost per Month Cost per Machine-Hour $5.60 $ 42,400 Direct materials Direct labor Supplies Utilities Depreciation Insurance $ 0.30 $ 0.15 $ 1,200 5 14,820 $ 11,000 For example, utilities should be 51,200 per month plus $0.15 per machine hour. The company expects to work 4,300 machine hours in June Note that the company's direct labor is a fixed cost. Required: Prepare the company's planning budget for June Wyckor Manufacturing Inc. Planning Budget for Manufacturing Costs For the Month Ended June 30 Direct materials Direct labor Supplies Uits Depreciation Insurance Total manufacturing cost

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