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Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,800 pounds of oysters in August. The company's flexible budget

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Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,800 pounds of oysters in August. The company's flexible budget for August appears below: Quilcene oysteria Plexible Budget For the Month Ended Auquet 31 Actual pounds (q) Revenue ($4+15q) Expensest Packing supplies ($0.35q) oyster bed maintenance ($3,300) Kages and salaries ($2,500+$0,45q) shipping ($0.70g) Utilitied ($1,200) other ($450+$0.019) Total expense vet operating income 7,800 532,370 The actual results for August appear below: 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.) The actual results for August appear below: Quilcene Oysteria Incose Statement For the Month Ended August 31 Actual pounds Revenue 7,800 Expenses: $26,500 Packing supplies oyster bed maintenance Wages and salaries Shipping velities other Total expense Net operating income 2, 900 3,160 6,420 5,190 1,010 1,14819,828 $6,672 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.)

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