Quilcene Oysteria forms and sells oysters in the Pacific Northwest. The company harvested and sold 7,600 pounds of oysters in August. The company's flexible budget for August appears below: 7,600 52100 Quiltene byste Flexible Budget For the Month Ended Augusti Actual pounds (0) Revenue (14.259) Expenses Packing supplies) Oyster bed maintenance (33,400) wagos and salaries 400 30.359) Shipping (50.600) Utilities ($1.290) Other (5500 - 50.01) Total expense Net operating income 2.280 3,400 5.00 4.560 1.290 576 17.166 $ 15,134 The actual results for August appear below. Quilcene Oysteria Income Statement For the Month inded August 31 Actual pounds 7.600 $2730 Revenue Expenses Packing Supplies Oyster bed maintenance Wages and salaries Shipping Utilitas Other Total expense Net operating income 2,452 3.260 5,470 4.290 1.200 1.196 17.766 $5.54 Required: Calculate the company's revenue and spending variances for August (Indicate the effect of each vartance by selecting "F" for favorable. "U" for unfavorable, and "None for no effect oe, zero vartance). Input all amounts as positive values.) Qulicone Oyatorta Rovenue and Spending Variances For the Month Ended August 31 Revenue Expenses Packing supplies Oyster bed maintenance Wages and stories Shipping Ulitics Other Total expense Net operating income