Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,200 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)		7,200
Revenue ($4.15q)	$	29,880
Expenses:
Packing supplies ($0.30q)		2,160
Oyster bed maintenance ($3,500)		3,500
Wages and salaries ($2,400 + $0.25q)		4,200
Shipping ($0.60q)		4,320
Utilities ($1,220)		1,220
Other ($410 + $0.01q)		482
Total expense		15,882
Net operating income	$	13,998

The actual results for August appear below:

Quilcene Oysteria
Income Statement
For the Month Ended August 31
Actual pounds		7,200
Revenue	$	26,900
Expenses:
Packing supplies		2,330
Oyster bed maintenance		3,360
Wages and salaries		4,610
Shipping		4,050
Utilities		1,030
Other		1,102
Total expense		16,482
Net operating income	$	10,418

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.)

Revenue:

Expenses:

Packing supplies

oyster bed maintenance

wages and salaries

shipping

Utilities

Other

Total expense

Net operating income