Quilcene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds (9) 7,300 $ 31,025 Revenue ($4.259) Expenses: Packing supplies ($0.409) Oyster bed maintenance ($3,200) Wages and salaries ($2,000 + $0.309) Shipping ($0.809) Utilities ($1,260) Other ($420 + $0.019) Total expense Net operating income 2,920 3,200 4,190 5,840 1,260 493 17,903 $ 13,122 The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,300 $ 27,200 Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income 3,090 3,060 4,600 5,570 1,070 1,113 18,503 $ 8,697 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.) Qullcone Oystoria Revenue and Spending Variances For the Month Ended August 31 Revenue Expenses Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Not operating income