Qullcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7.500 pounds of oysters in August. The company's flexible budget for August appears below Quilcone Oysteris Flexible Budget For the Month Ended August 31 Actual pounds () 7,500 Revenue (54.150) $31,125 Expensas Packing supplies ($0.409) 3.000 Oyster bed maintenance ($3.300) Wages and salaries ($2,200 $0.250) 4,025 Shipping ($0.550) 4,135 Utilities ($1,290) 1,290 Other ($450 $0.010) Total expense 16,315 $ 14,810 Net operating income The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,500 $ 26,800 Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income 3,170 3,160 4,485 3,855 1,100 1,145 16,915 $ 9,885 Required: Calculate the company's revenue and spending variances for August (Indicate the effect of ench variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts es positive values.) Quilcene Oysteria Revenue and Spending Variances For the Month Ended August 31 Ravenue Expenses Packing supplies Oyster bed maintenance Wages and sales Shipping Utilities Other Total expense Net operating income