Quilcene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds (q) 7,288 Revenue ($4.05q) Expenses $ 29,168 Packing supplies ($8.35q) Oyster bed maintenance ($3,488) Wages and salaries ($2,28$8.454) Shipping ($8.78q) Utilities ($1,248) Other ($468$8.e1q) 2,528 3,488 5,448 5,848 1,240 532 18,172 Total expense 18,988 Net operating income The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,288 $ 26,688 Revenue Expenses: 2,698 3, 268 5,858 4,770 1,858 1,152 18,772 $ 7,828 Packing supplies Oyster bed maintenance Wages and salaries Utilities Other Total expense Net operating income Required: Calculate the company's revenue and spending varlances for August (Indicate the effect of each varlance by selecting "F" for favorable. "U" for unfavorable, and "None" for no effect (l.e., zero varlance). Input all amounts as positive values.) Revenue and Spending Variances For the Month Ended A t 31 Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income