Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,400 pounds of oysters in August. The company's fexible budget for August appears below Quilcene Oysteria For the Month Ended August 31 Actual pounds (q) Revenue (54.10q) 7.400 Packing supplies (0.25q) Oyster bed maintenance (53,200) Wages and salaries ($2,300 50.45q) Shipping (S0.75q) Utilities ($1,280) Other ($430+$0.01q) 1.850 3,200 5,630 5,550 1,280 504 Total expense Net operating income $12,326 The actual resuits for August appear below Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds Revenue $26,800 Packing supplies Ovster bed maintenance Wages and salaries Shipping Utilities 2,020 3,060 6,040 5,280 1,090 1,124 Total expense Net operating income S 8,186