Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7700 pounds of oysters in August. The company's fiexible budget for August appears below Quilcene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds (q) 7,788 $31,185 Revenue ($4.85q) Expenses Packing supplies ($8.38q) Oyster bed maintenance (3,188) Wages and salaries ($2,188 $8.254) Shipping ($e.75q) Utilities ($1,280) Other ($458$e.e1q) 2,318 3, 188 4,825 5,775 1,288 527 17,817 14,168 Total expense Net operating income The actual results for August appear below Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,788 $27,880 Revenue Expenses Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other 2,488 2,960 4,435 5, 585 1,89e Total expense 17,617 $ 9,383 Net operating income Requlrec Calculate the company's revenue and spending variances for August. (Indicate the effect of each varlance by selecting "F" for favorable."U" for unfavorable, and "N ne" for no effect (l.., zero variance). Input all amounts as positive values.) Revenue and Spending Variances For the Month Ended August 31 Revenue Expenses Packing supplies Oyster bed maintenance Wages and salaries Shipping Utiities Other Total expense Net operating income