Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,300 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)	7,300
Revenue ($4.10q)	$ 29,930
Expenses:
Packing supplies ($0.30q)	2,190
Oyster bed maintenance ($3,500)	3,500
Wages and salaries ($2,000 + $0.50q)	5,650
Shipping ($0.55q)	4,015
Utilities ($1,270)	1,270
Other ($440 + $0.01q)	513
Total expenses	17,138
Net operating income	$ 12,792

The actual results for August were as follows:

Quilcene Oysteria
Income Statement
For the Month Ended August 31
Actual pounds	7,300
Revenue	$ 27,200
Expenses:
Packing supplies	2,360
Oyster bed maintenance	3,360
Wages and salaries	6,060
Shipping	3,745
Utilities	1,080
Other	1,133
Total expenses	17,738
Net operating income	$ 9,462

Required:

Calculate the companys revenue and spending variances for August.

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