Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,400 pounds of oysters in August. The company's flexible budget for August appears below. Quilcene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds (q) 7,400 Revenue ($4.059) $ 29,970 Expenses: Packing supplies (50.359) 2,590 Oyster bed maintenance ($3,400) 3,48 Wages and salaries ($2,300 + $0.489) 5,260 Shipping ($0.78) 5,180 Utilities ($1,230) 1,230 Other ($450 + $0.019) 524 Total expense 18, 184 Net operating income $11,786 The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,488 $ 27,200 Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income 2,760 3,260 5,678 4,918 1,040 1,144 18,784 $ 8,416 Required: Calculate the company's 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 (.e., zero variance). Input all amounts as positive values.) Qullcone Oysteria Revenue and Spending Variances For the Month Ended August 31 Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income