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 ($4.10q)	$	29,520
Expenses:
Packing supplies ($0.40q)		2,880
Oyster bed maintenance ($3,600)		3,600
Wages and salaries ($2,200 + $0.45q)		5,440
Shipping ($0.55q)		3,960
Utilities ($1,250)		1,250
Other ($500 + $0.01q)		572
Total expense		17,702
Net operating income	$	11,818

The actual results for August were as follows:

Quilcene Oysteria
Income Statement
For the Month Ended August 31
Actual pounds		7,200
Revenue	$	27,200
Expenses:
Packing supplies		3,050
Oyster bed maintenance		3,460
Wages and salaries		5,850
Shipping		3,690
Utilities		1,060
Other		1,192
Total expense		18,302
Net operating income	$	8,898

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.)

Quilcene Oysteria Revenue and Spending Variances For the Month Ended August 31 Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income