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 flexible budget for August appears below Quilcene Oysteris Flexible Budget For the Month Ended August 1 Actual pounds (9) 8,000 Revenue (54.069) $32,000 Expenses Packing supplies (50.500) 4.000 Oyster bed maintenance (53,200) 3,200 Hages and salaries (52,900 + 50.300) 5.300 Shipping (50.804) 6,400 Utilities (5830) Other (5450+ 50.054) Total expenses 20.530 Net operating income $ 11,420 830 The actual results for August appear below The actual results for August appear below: 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 Quilcene Oysteria Revenue and Spending Variances For the Month Ended August 31 F Revenue EU Expenses Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities U U Other U Total expense U Net operating income