Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,600 pounds of oysters in August. The company's flexible budget for August appears below: Quilcene Oysteria Flexible Budget For the Month Ended August 31 7,600 Actual pounds (g) Revenue (4.10q) Expenses: S 31,160 Packing supplies ($0.40g) Oyster bed maintenance ($3,000) Wages and salaries ($2,500 + $0.35g) Shipping ($0.60g) Utilities ($1,270) Other ($490 $0.01q) 3,040 3,000 5,160 4,560 1,270 566 17,596 13,564 Total expense Net operating income The actual results for August appear below: The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,600 $27,400 Revenue Expenses: 3,210 2,860 5,570 4,290 1,080 1,186 18,196 $ 9,204 Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income 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.)