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 $ 31,080 Revenue ($4.209) Expenses: Packing supplies ($0.30g) Oyster bed maintenance ($3,200) Wages and salaries ($2,300 + $0.309) Shipping ($0.709) Utilities ($1,300) Other ($450 + $0.019) Total expense Net operating income 2,220 3,200 4,520 5,180 1,300 524 16,944 $ 14,136 The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,400 $ 26,600 Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income 2,390 3,060 4,930 4,910 1,110 1,144 17,544 $ 9,056 Required: Calculate the company's revenue and spending variances for August. favorable, "U" for unfavorable, and "None" for no effect (i.e., zero va Quilcene Oysteria Revenue and Spending Variances For the Month Ended August 31 u Revenue U Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping F U F Utilities F Other Total expense U Net operating income U