Qulicene Oysteria forms 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 (a) 7,200 Revenue ($4.159) $ 29,880 Expenses: Packing supplies ($0.489) 2,880 Oyster bed maintenance ($3,300) 3,300 Wages and salaries ($2,300 + $0.300) 4,460 Shipping (se. 709) 5,040 Utilities ($1,270) 1,270 Other ($500 + $0.019) 572 Total expense 17522 Net operating income $12,358 The actual results for August appear below. Quilcene Oysteris Income Statement For the Month Ended August 31 Actual pounds 7,200 Revenue $26,600 Expenses: Packing supplies 3,050 Oyster bed maintenance 3,160 Wages and salaries 4,870 Shipping 4,770 Utilities 1,080 Other 1,192 Total expense 18,122 $ 8,478 Net operating income 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