Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,900 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 (a) 7.900 Revenue ($4.259) $ 33,575 Expenses: Packing supplies ($0.409) 3,160 Oyster bed maintenance ($3,600) 3,600 Wages and salaries ($2,400 + $0.389) 4,77e Shipping ($0.600) 4,740 Utilities ($1,270) 1,270 Other (5480 + $0.019) Total expense 18,099 $ 15,476 Net operating income 559 The actual results for August appear below: The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,900 $ 26,600 Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income 3,330 3,460 5,180 4,470 1,080 1,179 18,699 $ 7,901 Required: Calculate the company's revenue and spending varlances for August. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (ie., 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 expenso Not operating income