Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,700 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)		7,700
Revenue ($4.15q)	$	31,955
Expenses:
Packing supplies ($0.30q)		2,310
Oyster bed maintenance ($3,500)		3,500
Wages and salaries ($2,300 + $0.50q)		6,150
Shipping ($0.70q)		5,390
Utilities ($1,230)		1,230
Other ($420 + $0.01q)		497
Total expense		19,077
Net operating income	$	12,878

The actual results for August appear below:

Quilcene Oysteria
Income Statement
For the Month Ended August 31
Actual pounds		7,700
Revenue	$	26,700
Expenses:
Packing supplies		2,480
Oyster bed maintenance		3,360
Wages and salaries		6,560
Shipping		5,120
Utilities		1,040
Other		1,117
Total expense		19,677
Net operating income	$	7,023

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.)