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 ($4.20q)	$	31,500
Expenses:
Packing supplies ($0.40q)		3,000
Oyster bed maintenance ($3,400)		3,400
Wages and salaries ($2,100 + $0.25q)		3,975
Shipping ($0.60q)		4,500
Utilities ($1,290)		1,290
Other ($470 + $0.01q)		545
Total expense		16,710
Net operating income	$	14,790

The actual results for August appear below:

Quilcene Oysteria
Income Statement
For the Month Ended August 31
Actual pounds		7,500
Revenue	$	27,300
Expenses:
Packing supplies		3,170
Oyster bed maintenance		3,260
Wages and salaries		4,385
Shipping		4,230
Utilities		1,100
Other		1,165
Total expense		17,310
Net operating income	$	9,990

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.)