Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,500 pounds of oysters in August. The companys flexible budget for August appears below:

Quilcene OysteriaFlexible BudgetFor the Month Ended August 31Actual pounds (q)7,500Revenue ($4.10q)$ 30,750Expenses: Packing supplies ($0.30q)2,250Oyster bed maintenance ($3,400)3,400Wages and salaries ($2,400 + $0.40q)5,400Shipping ($0.80q)6,000Utilities ($1,240)1,240Other ($470 + $0.01q)545Total expense18,835Net operating income$ 11,915

The actual results for August were as follows:

Quilcene OysteriaIncome StatementFor the Month Ended August 31Actual pounds7,500Revenue$ 27,100Expenses: Packing supplies2,420Oyster bed maintenance3,260Wages and salaries5,810Shipping5,730Utilities1,050Other1,165Total expense19,435Net operating income$ 7,665

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.)