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Qullcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,300 pounds of oysters in August. The company's flexible budget

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Qullcene Oysteria farms and sells 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: 7,300 $ 30,295 Quileene Oysteria Plexible Budget For the Month Unded August 31 Actual pounds (9) Revenue ($4.159) Expenses Packing supplies ($0.359) Oyster bed maintenance ($3,300) Wages and salaries ($2,100 + $0.459) Shipping ($0.809) Utilities ($1,280) Other ($420 + $0.019) Total expense Net operating income 2,555 3,300 5,385 5,840 1,280 493 18,853 $11.442 The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounde 7,300 $ 27,100 Revenue Expenses Packing supplies Oyster bed maintenance Mages and salarios Shipping Utilities Other Total expense Net operating income 2,725 3,160 5,795 5,570 1,090 19.453 7,647 Required: 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 (1.e., zero variance). Input all amounts as positive values.) Qullcene 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

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