Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold $7,000$ pounds of oysters in August. The company$$s flexible budget for August appears below:

Quilcene Oysteria

Flexible Budget

For the Month Ended August $31$

Actual pounds $($q$)7,000$

Revenue $($$$4\mathrm{.}25$q$)$ $ $29,750$

Expenses:

Packing supplies $($$$0\mathrm{.}30$q$)2,100$

Oyster bed maintenance $($$$3,600)3,600$

Wages and salaries $($$$2,100+$ $$0\mathrm{.}30$q$)4,200$

Shipping $($$$0\mathrm{.}55$q$)3,850$

Utilities $($$$1,270)1,270$

Other $($$$470+$ $$0\mathrm{.}01$q$)540$

Total expense $15,560$

Net operating income $ $14,190$

The actual results for August appear below:

Quilcene Oysteria

Income Statement

For the Month Ended August $31$

Actual pounds $7,000$

Revenue $ $27,000$

Expenses:

Packing supplies $2,270$

Oyster bed maintenance $3,460$

Wages and salaries $4,610$

Shipping $3,580$

Utilities $1,080$

Other $1,160$

Total expense $16,160$

Net operating income $ $10,840$

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.$)$