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 ($4.15q) $ 31,955 Expenses: Packing supplies ($0.25q) 1,925 Oyster bed maintenance ($3,000) 3,000 Wages and salaries ($2,500 + $0.25q) 4,425 Shipping ($0.75q) 5,775 Utilities ($1,280) 1,280 Other ($440 + $0.01q) 517 Total expense 16,922 Net operating income $ 15,033 The actual results for August were as follows: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,700 Revenue $ 27,300 Expenses: Packing supplies 2,095 Oyster bed maintenance 2,860 Wages and salaries 4,835 Shipping 5,505 Utilities 1,090 Other 1,137 Total expense 17,522 Net operating income $ 9,778 d: 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.)