Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,900 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)		7,900
Revenue ($4.15q)	$	32,785
Expenses:
Packing supplies ($0.30q)		2,370
Oyster bed maintenance ($3,500)		3,500
Wages and salaries ($2,000 + $0.45q)		5,555
Shipping ($0.70q)		5,530
Utilities ($1,220)		1,220
Other ($460 + $0.01q)		539
Total expense		18,714
Net operating income	$	14,071

The actual results for August appear below:

Quilcene Oysteria
Income Statement
For the Month Ended August 31
Actual pounds		7,900
Revenue	$	26,800
Expenses:
Packing supplies		2,540
Oyster bed maintenance		3,360
Wages and salaries		5,965
Shipping		5,260
Utilities		1,030
Other		1,159
Total expense		19,314
Net operating income	$	7,486

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