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 Oysteria
Flexible Budget
For the Month Ended August 31
Actual pounds (q)		7,500
Revenue ($4.25q)	$	31,875
Expenses:
Packing supplies ($0.25q)		1,875
Oyster bed maintenance ($3,200)		3,200
Wages and salaries ($2,100 + $0.45q)		5,475
Shipping ($0.80q)		6,000
Utilities ($1,280)		1,280
Other ($450 + $0.01q)		525
Total expense		18,355
Net operating income	$	13,520

The actual results for August appear below:

Quilcene Oysteria
Income Statement
For the Month Ended August 31
Actual pounds		7,500
Revenue	$	26,900
Expenses:
Packing supplies		2,045
Oyster bed maintenance		3,060
Wages and salaries		5,885
Shipping		5,730
Utilities		1,090
Other		1,145
Total expense		18,955
Net operating income	$	7,945

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		U
Expenses:
Packing supplies		U
Oyster bed maintenance		F
Wages and salaries		U
Shipping		F
Utilities		F
Other		U
Total expense		U
Net operating income		U