Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7.500 pounds of oysters in August. The company's flexible budget for August appears below: 7,580 $ 30,375 Quilcene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds (9) Revenue ($4.959) Expenses : Packing supplies ($0.359) Oyster bed maintenance ($3,220) Wages and salaries ($2,308 + $0.459) Shipping ($8.559) Utilities ($1,270) Other ($420 + $e.e1) Total expense Net operating income 2,625 3,880 5,675 4,125 1,270 495 17,199 $ 13,185 The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,5ee $ 26,789 Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income 2,795 2,860 6,085 3,855 1,080 1,115 17,790 $ 8,910 Required: Calculate the company's revenue and spending variances for August. (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero varlance). 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 Other Total expense Net operating income