Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7.600 pounds of oysters in August. The company's flexible budget for August appears below: points Quilcene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds (9) 7,680 $ 31,540 eBook Revenue ($4.159) Expenses: Packing supplies ($0.389) Oyster bed maintenance ($3,100) Wages and salaries ($2,308 + $0.309) Shipping ($9.689) Utilities ($1,240) Other ($470 + $0.01) Total expense Net operating income 2.280 3,1ee 4.580 4,560 1.240 545 16,386 $ 15,234 Print The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,680 $ 26,980 Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income 2,450 2.960 4.990 4,290 1. ese 1,166 16,986 9,994 $ Required: Calculate the company's revenue and spending variances for August. (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero varlance). 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