Quilcene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds (q) 7,600 Revenue ($4.25q) Expenses: $ 32,300 Packing supplies ($0.30q) Oyster bed maintenance (S3,100) Wages and salaries ($2,400 $e.30q) Shipping (s0.80q) Utilities ($1,260) Other ($460 $e.01q) 2,280 3,100 4,680 6,880 1,260 536 17,936 $ 14, 364 Total expense Net operating income The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,680 $ 26,500 Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other 2,450 2,960 5,e90 5,810 1,070 1,156 18,536 S 7,964 Total expense Net operating income Required: Calculate the company's revenue and spending variances for Aug favorable, "U" for unfavorable, and "None" for no effect (i.e., ze Quilcene Oysteria 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 Net operating income