Quilcene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds (9) 7,400 $ 31,080 Revenue ($4.209) Expenses: Packing supplies ($0.359) Oyster bed maintenance ($3,200) Wages and salaries ($2,200 + $0.459) Shipping ($0.60) Utilities ($1,200) Other ($500 + $0.019) Total expense Net operating income 2,590 3,200 5,530 4,440 1,200 574 17,534 $ 13,546 The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,400 Revenue $ 26,800 Expenses: Packing supplies 2,760 Oyster bed maintenance 3,060 Wages and salaries 5,940 Shipping 4,170 Utilities 1,010 Other 1,194 Total expense 18, 134 Net operating income $ 8,666 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.) Quilcene Oysteria Revenue and Spending Variances For the Month Ended August 31