Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 8,000 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)		8,000
Revenue ($4.00q)	$	32,000
Expenses:
Packing supplies ($0.50q)		4,000
Oyster bed maintenance ($3,200)		3,200
Wages and salaries ($2,900 + $0.30q)		5,300
Shipping ($0.80q)		6,400
Utilities ($830)		830
Other ($450 + $0.05q)		850
Total expense		20,580
Net operating income	$	11,420

The actual results for August were as follows:

Quilcene Oysteria
Income Statement
For the Month Ended August 31
Actual pounds		8,000
Revenue	$	35,200
Expenses:
Packing supplies		4,200
Oyster bed maintenance		3,100
Wages and salaries		5,640
Shipping		6,950
Utilities		810
Other		980
Total expense		21,680
Net operating income	$	13,520

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.)