Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,200 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) 7,200 Revenue ($4.10q) $ 29,520 Expenses: Packing supplies ($0.30q) 2,160 Oyster bed maintenance ($3,300) 3,300 Wages and salaries ($2,100 + $0.40q) 4,980 Shipping ($0.65q) 4,680 Utilities ($1,270) 1,270 Other ($410 + $0.01q) 482 Total expense 16,872 Net operating income $ 12,648 The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,200 Revenue $ 27,200 Expenses: Packing supplies 2,330 Oyster bed maintenance 3,160 Wages and salaries 5,390 Shipping 4,410 Utilities 1,080 Other 1,102 Total expense 17,472 Net operating income $ 9,728 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.)

*Can you please do the equation side as well so I can learn this better.