Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,100 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)		7,100
Revenue ($4.25q)	$	30,175
Expenses:
Packing supplies ($0.30q)		2,130
Oyster bed maintenance ($3,000)		3,000
Wages and salaries ($2,500 + $0.30q)		4,630
Shipping ($0.70q)		4,970
Utilities ($1,280)		1,280
Other ($410 + $0.01q)		481
Total expense		16,491
Net operating income	$	13,684

The actual results for August were as follows:

Quilcene Oysteria
Income Statement
For the Month Ended August 31
Actual pounds		7,100
Revenue	$	26,700
Expenses:
Packing supplies		2,300
Oyster bed maintenance		2,860
Wages and salaries		5,040
Shipping		4,700
Utilities		1,090
Other		1,101
Total expense		17,091
Net operating income	$	9,609

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.)

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