Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,600 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)		7,600
Revenue ($4.05q)	$	30,780
Expenses:
Packing supplies ($0.30q)		2,280
Oyster bed maintenance ($3,200)		3,200
Wages and salaries ($2,100 + $0.40q)		5,140
Shipping ($0.80q)		6,080
Utilities ($1,290)		1,290
Other ($430 + $0.01q)		506
Total expense		18,496
Net operating income	$	12,284

The actual results for August appear below:

Quilcene Oysteria
Income Statement
For the Month Ended August 31
Actual pounds		7,600
Revenue	$	26,800
Expenses:
Packing supplies		2,450
Oyster bed maintenance		3,060
Wages and salaries		5,550
Shipping		5,810
Utilities		1,100
Other		1,126
Total expense		19,096
Net operating income	$	7,704

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
Utilities
Other
Total expense
Net operating income

Flight Caf prepares in-flight meals for airlines in its kitchen located next to a local airport. The companys planning budget for July appears below:

Flight Caf
Planning Budget
For the Month Ended July 31
Budgeted meals (q)		26,000
Revenue ($4.00q)	$	104,000
Expenses:
Raw materials ($2.10q)		54,600
Wages and salaries ($6,400 + $0.20q)		11,600
Utilities ($1,800 + $0.05q)		3,100
Facility rent ($3,400)		3,400
Insurance ($2,800)		2,800
Miscellaneous ($600 + $0.10q)		3,200
Total expense		78,700
Net operating income	$	25,300

In July, 27,000 meals were actually served. The companys flexible budget for this level of activity appears below:

Flight Caf
Flexible Budget
For the Month Ended July 31
Budgeted meals (q)		27,000
Revenue ($4.00q)	$	108,000
Expenses:
Raw materials ($2.10q)		56,700
Wages and salaries ($6,400+ $0.20q)		11,800
Utilities ($1,800 + $0.05q)		3,150
Facility rent ($3,400)		3,400
Insurance ($2,800)		2,800
Miscellaneous ($600 + $0.10q)		3,300
Total expense		81,150
Net operating income	$	26,850

Required:

1. Calculate the companys activity variances for July. (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.)

Flight Caf
Activity Variances
For the Month Ended July 31
Revenue
Expenses:
Raw materials
Wages and salaries
Utilities
Facility rent
Insurance
Miscellaneous
Total expense
Net operating income