Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,100 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) 7,100 $ 29,465 Revenue ($4.15q) Expenses: Packing supplies ($0.35q) Oyster bed maintenance ($3,500) 2,485 3,500 5,195 5,325 1,300 501 18,306 $ 11,159 Wages and salaries ($2,000$0.45q) Shipping ($0.75q) Utilities ($1,300) Other ($430$0.01q) Total expense Net operating income The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,100 $ 27,300 2,655 Revenue Expenses: Packing supplies Oyster bed maintenance 3,360