Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,800 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)	7,800
Revenue ($4.25q)	$ 33,150
Expenses:
Packing supplies ($0.25q)	1,950
Oyster bed maintenance ($3,500)	3,500
Wages and salaries ($2,400 + $0.30q)	4,740
Shipping ($0.65q)	5,070
Utilities ($1,220)	1,220
Other ($460 + $0.01q)	538
Total expense	17,018
Net operating income	$ 16,132

The actual results for August were as follows:

Quilcene Oysteria
Income Statement
For the Month Ended August 31
Actual pounds	7,800
Revenue	$ 27,000
Expenses:
Packing supplies	2,120
Oyster bed maintenance	3,360
Wages and salaries	5,150
Shipping	4,800
Utilities	1,030
Other	1,158
Total expense	17,618
Net operating income	$ 9,382

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.)

\begin{tabular}{|l|l|} \hline \multicolumn{1}{|c|}{ Quilcene Oysteria } \\ \hline \multicolumn{1}{|c|}{ Revenue and Spending Variances } \\ \hline For the Month Ended August 31 \\ \hline Expenses: & \\ \hline Packing supplies & \\ \hline Oyster bed maintenance & \\ \hline Wages and salaries & \\ \hline Shipping & \\ \hline Utilities & \\ \hline Other & \\ \hline Total expense \\ \hline Net operating income \\ \hline \end{tabular}