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Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,300 pounds of oysters in August. The company's flexible budget

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Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,300 pounds of oysters in August. The company's flexible budget for August appears below: The actual results for August were as follows: Required: Calculate the company's 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.) \begin{tabular}{|l|l|} \hline \multicolumn{2}{|c|}{ Quilcene Oysteria } \\ \hline Revenue and Spending Variances \\ \hline For the Month Ended August 31 \\ \hline Revenue & Oxpenses: \\ \hline Packing supplies \\ \hline Wyages and salaries & \\ \hline Shipping & \\ \hline Utilities & \\ \hline Other & \\ \hline Total expense & \\ \hline Net operating income & \\ \hline \end{tabular}

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