Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 8,000 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) Revenue ($4.25q) Expenses: Packing supplies ($0.30q) Oyster bed maintenance ($3,500) Wages and salaries ($2,600 + $0.40q) Shipping ($0.70q) Utilities ($1,280) Other ($470 + $0.019) Total expenses S Net operating income The actual results for August were as follows: Quilcene Oysteria Income Statement For the Month Ended August 31 8,000 $ 34,000 2,400 3,500 5,800 5,600 1,280 550 19,130 $ 14,870 Actual pounds Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expenses Net operating income Required: 8,000 $ 27,000 2,570 3,360 6,210 5,330 1,090 1,170 19,730 $ 7,270 Calculate the company's revenue and spending variances for August. Note: 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.