Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,500 pounds of oysters in August. The company's flexible budget for August appears below: 7,500 $ 31, 500 Quilcene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds (q) Revenue ($4.20) Expenses: Packing supplies ($0.259) Oyster bed maintenance ($3,500) Wages and salaries ($2,400 + $0.30g) Shipping ($0.60a) Utilities ($1,290) Other ($410 + $0.019) Total expense Net operating income 1, 875 3, 500 4,650 4, 500 1, 290 485 16,300 $ 15, 200 The actual results for August appear below: 7,500 $ 27, 100 Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income 2, 045 3, 360 5, 060 4, 230 1, 100 1, 105 16, 900 $ 10, 200 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.) 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