Quilcene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds (a) 8,000 $ 33, 600 Revenue ($4.269) Expenses: Packing supplies ($8,259) Oyster bed maintenance ($3,200) Wages and salaries ($2,400 + $0.35) Shipping ($0.752) Utilities ($1,208) Other ($420 + $0.014) Total expense Net operating income 2,000 3,200 5,200 6,000 1,200 500 18, 100 $ 15,500 The actual results for August were as follows: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 8,000 $ 27,200 Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income 2,170 3,060 5, 616 5,730 1,010 1, 120 18,700 $ 8,500 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.)