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Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7 , 4 0 0 pounds of oysters in August.

Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,400 pounds of oysters in August. The company's flexible budget for August appears below:
\table[[\table[[Quilcene Oysteria],[Flexible Budget],[For the Month Ended August 31]],,],[Actual pounds (q),,7,400],[Revenue ($4.10q),$,30,340],[Expenses:,,],[Packing supplies ($0.30q),,2.220],[Oyster bed maintenance ($3,300),,3,300],[Wages and salaries ($2,500+$0.45q),,5,830],[Shipping ($0.75q),,5,550],[Utilities ($1,270),,1,270],[other ($510+$0.01q),,584],[Total expense,,18,754],[Net operating income,$,11,586]]
The actual results for August were as follows:
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.)
\table[[ox Answer is complete but not entirely correct],[Quilcene Oysteria],[Revenue and Spending Variances],[For the Month Ended August 31],[Revenue,$,0ox,U,],[Expenses:],[Packing supplies,,08,U,(-)],[Oyster bed maintenance,,08,F,0],[Wages and salaries,,08,U,0],[Shipping,,08,F,Q],[Uilities,,08,F,0],[Other,,08,U,0],[Total expense,,0ox,U,0],[Net operating income,$,08,U,()]]
Please help with incorrect answers!
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