Quilcene Oystoria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,200 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 (9) 7,200 $30.240 Revenue (54.209) Xxpenses Packing supplies (50.359) Oyster bed maintenance ($3,400) Wagon and salaries ($2.500 + 50.300) Shipping (50.700) Utilities ($1,300) Other ($460 + $0.019) Total expense Net operating income 2,520 3,400 4,660 5,040 1,300 532 12.452 $ 12,788 The actual results for August appear below: Quilcone Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,200 Revenue | 5.27.300 Packing supplies 2,690 Oyster bed maintenance 3,260 Wages and salarion 5,070 shipping Utilities 1.110 4,770 Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income 2,690 3,260 5,070 4,770 1,110 1, 152 18,052 $ 9,248 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 (i.e., zero variance). Input all amounts as positive values.) Quilcene Oysteria Revenue and Spending Variances For the Month Ended August 31 Revenue Expenses Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income