Quilcene Oysteris farms and sell oysters in the Pacific Northwest The company harvested and sold 7.300 pounds of oysters in August. The company's flexible budget for August appears below: Quilcone Oysteria Flexible Budget For the Month Ended August 31 Actual pounds) Have (54.254) $ 31,825 Expenses Packing supplies (50.300) Oyster bed Maintenance ($3,300) 3,300 Wages and salaries ($2,200 + $0.254) Shipping (5.78) 5.11a Utilities ($1,280) 1. Other ($440 $0.014) 50 Total expense Net operating income 14,602 The actual results for August appear below. Quilcone Oysteria Income Statement For the Month Ended August 31 Actual pounds 7.300 $ 25,500 3,15 Expenses Packing supplies Oyster bed Maintenance Wages and salaries utilities Other Total en Not operating income Shipping 2. 17,218 $ 9,582 Required: Calculate the company's revenue and spending variances for August (Indicate the effect of esch variance by selecting "F" for favorable. "U" for unfavorable, and "None for no effect (.e., zero variance). Input all amounts as positive values.) Gullone Oycteris Ravenue and spending Varianos For the Month Ended August 21 Revenue Expo Packing supplies Oyster bed maintenance Viages and salaries Shipping utilities Other Total expense Not operating income