Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,500 pounds of oysters in August. The companys flexible budget for August appears below:

Quilcene Oysteria
Flexible Budget
For the Month Ended August 31
Actual pounds (q)		7,500
Revenue ($4.05q)	$	30,375
Expenses:
Packing supplies ($0.25q)		1,875
Oyster bed maintenance ($3,100)		3,100
Wages and salaries ($2,300 + $0.30q)		4,550
Shipping ($0.75q)		5,625
Utilities ($1,250)		1,250
Other ($450 + $0.01q)		525
Total expense		16,925
Net operating income	$	13,450

The actual results for August were as follows:

Quilcene Oysteria
Income Statement
For the Month Ended August 31
Actual pounds		7,500
Revenue	$	26,900
Expenses:
Packing supplies		2,045
Oyster bed maintenance		2,960
Wages and salaries		4,960
Shipping		5,355
Utilities		1,060
Other		1,145
Total expense		17,525
Net operating income	$	9,375

Required:

Calculate the companys revenue and spending variances for August. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)