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Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 8,000 pounds of oysters in August. The company's fexible budget

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Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 8,000 pounds of oysters in August. The company's fexible budget for August appears below Quilcene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds (g) 8,000 o Revenue ($4.00q) Expenses 32 000 Packing supplies ($0.50g) 4,000 Oyster bed maintenance ($3,200) Wages and salaries ($2,900 +$0.30g) Shipping ($0.80g) utilities ($830) Other ($450$0.05g) nt 3,200 5,300 6,400 830 850 int rence Total expense Net operating income $11,420 The actual results for August appeer below Quilcene oysteria Income Statenent For the Month Ended August 8,000 $35,200 4,200 3,100 Actual pounds Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping utilities Other 5,640 6,950 810 Total expense Net operating $13,520 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 enect (Le., zero variance). InPut all amounts as positive values) Revenue and Spending Varlances Revenue Expenses Oyster bed maintenance Wages and Shipping Other 850 Total expense Net operating

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