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 ($4.15q)	$	31,125
Expenses:
Packing supplies ($0.35q)		2,625
Oyster bed maintenance ($3,400)		3,400
Wages and salaries ($2,300 + $0.45q)		5,675
Shipping ($0.65q)		4,875
Utilities ($1,240)		1,240
Other ($450 + $0.01q)		525
Total expense		18,340
Net operating income	$	12,785

The actual results for August appear below:

Quilcene Oysteria
Income Statement
For the Month Ended August 31
Actual pounds		7,500
Revenue	$	27,300
Expenses:
Packing supplies		2,795
Oyster bed maintenance		3,260
Wages and salaries		6,085
Shipping		4,605
Utilities		1,050
Other		1,145
Total expense		18,940
Net operating income	$	8,360

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.)