Quilcene Oysteris forms and sells oysters in the Pacific Northwest. The company harvested and sold 7,400 pounds of oysters in August. The company's flexible budget for August appears below: Quilcene Dysteria Flexible Budget For the Month Ended August 31 Actual pounds (4) 7.483 Revenue ($4.284) $ 31 828 Expenses: Packing supplies ($0.354) 2,598 Oyster bed maintenance ($3, 189) 3,108 Wages and salaries ($2, 280 + $8.58q) 5.983 Shipping ($8.554) 4,878 Utilities ($1,220) 1,228 Other ($580 + $8.81q) Total expense 17,454 Net operating income $ 13,626 The actual results for August appear below: Quilcene Dysteria Incone Statement For the Month Ended August 31 Actual pounds 7,480 Revenue $ 26,580 Expenses : Packing supplies 2,768 Oyster bed maintenance 2,968 Wages and salaries 6,318 Shipping 3,880 utilities Other 1,194 Total expense 18,854 Net operating income $ 8,446 Required: Calculate the company's revenue and spending variances for August. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (Le.. zero variance). Input all amounts as positive values.) Qullcene Oysteris Revenue and Spending Variances For the Month Ended August 31 Revenue 4,580 0 Expenses Packing supplies Oyster bed maintenance 140 F Wages and salaries Shipping OF Utilities 190 Other Total expense GC Net operating income