Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,400 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) 7,400 Revenue ($4.20q) $ 31,080 Expenses: Packing supplies ($0.40q) 2,960 Oyster bed maintenance ($3,400) 3,400 Wages and salaries ($2,400 + $0.40q) 5,360 Shipping ($0.65q) 4,810 Utilities ($1,230) 1,230 Other ($460 + $0.01q) 534 Total expense 18,294 Net operating income $ 12,786 The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,400 Revenue $ 26,600 Expenses: Packing supplies 3,130 Oyster bed maintenance 3,260 Wages and salaries 5,770 Shipping 4,540 Utilities 1,040 Other 1,154 Total expense 18,894 Net operating income $ 7,706 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.)