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: Quilcene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds (9) 7.400 Revenge (54.209) $ 31,080 Expenses Packing supplies (50.409) 2,960 Oyster bed maintenance ($3,400) 3,400 Wages and salaries ($2,100 + $0.359) 4,690 Shipping (50.559) 4.070 Utilities ($1,230) 1, 230 Other (5450 - $0.019) 524 Total expense 16.874 Net operating Income $ 14,206 The actual results for August appear below: Queen Oysteria Income Statement Yor the Month Ended August 31 Actual pounds 7.400 Tevenue 527100 Expenses Packing supplies 3.130 Oyster bed maintenance 3.260 Wages and salaris 5.100 shipping Utilities 1.040 Other 1,144 12.474 Check my work Total expense Het operating income 1144 17,474 59,826 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 effectie, zero variance). Input all amounts as positive values.) Quilcone Oysteria Revenue and Spending Variances For the Month Ended August 31 Ravenue Expenses Packing supplies Oyster bed maintenance Wages and sales Shipping Us Over Total experte operating income