Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,500 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)		7,500
Revenue ($4.25q)	$	31,875
Expenses:
Packing supplies ($0.30q)		2,250
Oyster bed maintenance ($3,500)		3,500
Wages and salaries ($2,600 + $0.40q)		5,600
Shipping ($0.55q)		4,125
Utilities ($1,290)		1,290
Other ($500 + $0.01q)		575
Total expense		17,340
Net operating income	$	14,535

The actual results for August appear below:

Quilcene Oysteria
Income Statement
For the Month Ended August 31
Actual pounds		7,500
Revenue	$	26,800
Expenses:
Packing supplies		2,420
Oyster bed maintenance		3,360
Wages and salaries		6,010
Shipping		3,855
Utilities		1,100
Other		1,195
Total expense		17,940
Net operating income	$	8,860

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.)