Quilcene steria 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: Quilcene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds (g) 7,200 S30,240 Revenue ($4.209) Expenses Packing supplies ($0.30g) 2,160 3,200 Oyster bed maintenance (S3,200) Wages and salaries ($2,300 $0.45g 5.540 4,680 Shipping ($0.65g) Utilities ($1,230 1,230 Other ($500 $0.01q) 572 Total expense 17,382 S 12.858 Net operating income The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7.200 $27,200 Revenue Expenses 2.330 Packing supplies Oyster bed maintenance Wages and salaries 5,950 Shipping 4,410 1,040 1,192 Other 17,982 Total expense Net operating income 9 218