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Quilcene Oysteria forms and sell oysters in the Pacific Northwest. The company harvested and sold 7.500 pounds of oysters in August. The company's flexible budget
Quilcene Oysteria forms and sell oysters in the Pacific Northwest. The company harvested and sold 7.500 pounds of oysters in August. The company's flexible budget for August oppears below: Quliyat ble du For the Month Inded August 31 Actual pounds 7.500 13.12 Revenue (4.15) Expenses Packing supplies (50.00) Oytter bedsintenance 53,600) Wapes and salaries (52.2008) Shipping (0.6) Utilities (51,210) athe (10 + 10.01) Total expense het operating income 2:20 3. 4.40 4.500 1310 10.691 $14.60 The actual results for August were as follows Quilcone Oysteria The station on the Month lnded August 31 Actual pounds 7.500 127.200 Revenue Expenses Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense met operating con 2,430 1.450 4,500 3,230 1.eze 1.10 17.095 10.105 Required: Calculate the company's revenue and spending variances for August Indicate the effect of each variance by selecting F for Tavorable, "U" for unfavorable, and "None" for no effectie, zero variance Input all amounts as positive values) Quilcons Oystana Revenue and Spending vanances For the Month Ended August 31 Rev Pading supplies Oyster bed maintenance Wages dans Shipping Uses Other Tulpen Niet openg income
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