Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,900 pounds of oysters in August. The company's flexible budget for August appears below: Quilcene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds (q) 7,900 Revenue ($4.15q) $ 32,785 Expenses: Packing supplies ($0.40q) 3,160 Oyster bed maintenance ($3,500) 3,500 Wages and salaries ($2,500 + $0.40q) 5,660 Shipping ($0.65q) 5,135 Utilities ($1,280) 1,280 Other ($440 + $0.01q) 519 Total expense 19,254 Net operating income $ 13,531 The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income Required: 7,900 $ 26,700 3,330 3,360 6,070 4,865 1,090 1,139 19,854 $ 6,846 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.) Quilcene Oysteria