Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,500 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 (9) 7,500 $ 31,875 Revenue ($4.259) Expenses Packing supplies ($0.359) Oyster bed maintenance ($3,000) Wages and salaries ($2,600 + $0.409) Shipping ($0.559) Utilities ($1,250) Other ($440 + $0.019) Total expense Net operating income 2,625 3,000 5,600 4,125 1,250 515 17,115 $ 14,760 The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,500 $ 27.300 Revenue Expenses Packing supplies Oyster bed maintenance Wage and salaries Shipping Utilities Other Total expense Het operating income 2,795 2,860 6,010 3.855 1,060 1.135 17,715 Shipping Utilities Other Total expense Net operating income 6.010 3,855 1.060 1,135 17,715 $ 9,585 Required: Calculate the company's 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 (.e., zero variance). Input all amounts as positive values.) Dulleene Oysteria DE Show Allems Revenue and Spending Variances For the Month Ended August 31 Revenue Expenses: Packing Supplies Oyster bed maintenance Wages and salaries Shipping Uties Other Total expense Net operating income