Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7200 pounds of oysters in August. The company's flexible budget for August appears below: Quilcene Oysteria Plexiblo Budget For the Month Ended August 31 Actual pounds (9) 7,200 $ 29,160 Revenue ($4.059) Expenses Packing supplies ($0.359). Oyster bed maintenance ($3,500) Wages and salaries ($2,400 + 50.509) Shipping (50.559) Utilities ($1,250) Other (5480 + $0.019) Total expense Not operating income 2,520 3,500 6,000 3,960 1,250 552 17.282 $11,378 The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,200 $ 26,800 Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities 2,690 3,360 6,410 3,690 1,060 1,172 18, 382 $ 8,418 Other Total expense Net operating income 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 (.e., zero variance). Input all amounts as positive values.) Qullcene Oysteria Revenue and Spending Variances For the Month Ended August 31 Revenue Expenses Packing supplies Oyster bed maintenance Wages and salarios Shipping Utilities Other Total expense Net operating income