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 ($4.05q)	$	31,185
Expenses:
Packing supplies ($0.40q)		3,080
Oyster bed maintenance ($3,400)		3,400
Wages and salaries ($2,300 + $0.25q)		4,225
Shipping ($0.75q)		5,775
Utilities ($1,260)		1,260
Other ($460 + $0.01q)		537
Total expense		18,277
Net operating income	$	12,908

The actual results for August appear below:

Quilcene Oysteria
Income Statement
For the Month Ended August 31
Actual pounds		7,700
Revenue	$	27,300
Expenses:
Packing supplies		3,250
Oyster bed maintenance		3,260
Wages and salaries		4,635
Shipping		5,505
Utilities		1,070
Other		1,157
Total expense		18,877
Net operating income	$	8,423

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.)