Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,700 pounds of oysters in August. The company's flexible budget for August appears below: 7,700 $ 31,955 Quilcene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds (9) Revenue ($4.159) Expenses : Packing supplies ($0.259) Oyster bed maintenance ($3,500) Wages and salaries ($2,600 + $0.359) Shipping ($0.65) Utilities ($1,290) Other ($500 + $0.019) Total expense Net operating income 1,925 3,500 5,295 5,005 1,290 577 17,592 $ 14,363 The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,700 Revenue $ 26,600 Expenses : Packing supplies 2,095 Oyster bed maintenance 3,360 Wages and salaries 5,705 Shipping 4,735 Utilities 1,100 Other 1,197 Total expense 18,192 Net operating income $ 8,408 Required: 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 effect (i.e., zero variance). Input all amounts as positive values.)