Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7.800 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 (9) 7,800 $ 32,760 Revenue ($4.289) Expenses: Packing supplies (se.259) Oyster bed maintenance ($3,689) Wages and salaries ($2,480 $0.359) Shipping ($0.754) Utilities ($1,238) Other ($490 + $0.019) Total expense Net operating income 1,950 3,689 5, 130 5,850 1,230 568 18, 328 $ 14,432 The actual results for August appear below. Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7.80 $ 27488 Revenue Expenses Packing supplies Oyster bed maintenance Wages and salaries Shipping ulilities Other Total expense Net operating income 2 129 3,460 5548 5588 1 848 1.188 181928 $ 8472 Required: Calculate the company's revenue and spending variances for August (Indicate the effectiof each variance by selecting "F" for favorable. "U" for unfavorable, and "None" for no effect (Let zero variance). Input all amounts as positive values.) Quilcene Oysteria Revenue and Spending Variances For the Month Ended August 31 Revenue Expenses Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Next > Prev 1 of 5