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Quilcene Oysteria forms and sells oysters in the Pacific Northwest The company harvested and sold 7400 pounds of oysters in August. The company's flexible budget
Quilcene Oysteria forms and sells oysters in the Pacific Northwest The company harvested and sold 7400 pounds of oysters in August. The company's flexible budget for August appears below Quilcene oysteria Flexible Budget For the Month Unded August 31 7,400 $30,210 ($0.159) tenance ($3,400) Wages and salaries ($2,100 $0.109) Shipping ($0.550) Utilities ($1,290) Other ($500 $0.010) Total expense het operating income 2,590 3.400 4,520 4,070 1,290 544 16,444 $14,200 The actual results for August were as follows Quilcone Oysteria Income Statement For the Month Ended August Actual pounds 7.400 The actual results for August were as follows: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,400 Revenue $ 27,000 Expenses: Packing supplies 2,760 Oyster bed maintenance 3,260 Wages and salaries 4,930 Shipping 3,800 utilities 1,100 other 1,194 Tot expense 17,044 Nincome $ 9,956 Required: Calcul che company's revenue and spending variances for August (Indicate the effect of each varian yee table, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values tor Quilcene Oysteria Revenue and Spending Variances CalcuIQLE VIC Lipany Sevenue air spenny variam LES favorable. "U for unfavorable, and "None" forno effect is Quilcene Oysteria Revenue and Spending Variances For the Month Ended August 31 Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries s Shipping es O Tot pense Net operating income
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