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Qullcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7100 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 7100 pounds of oysters in August. The company's flexible budget for August appears below: Quileane Oysterin Flexible Budget For the Month Ended August 31 Actual pounds (9) 7,100 $ 29,920 Revenue ($4.209) Expenses Packing supplies ($0.309) Oyster bed maintenance ($3,300) Wages and salaries ($2,200 + $0.459) Shipping (50.609) utilities ($1,300) Other ($480 + $0.019) Total expense Net operating income 2,130 3,300 5,395 4,260 1,300 551 16,936 $12,884 The actual results for August appear below: Quiloene Oysteria Income statement For the Month Inded August 31 Actual pounds 7,100 Revenue $26,900 Expensent Packing wupplies 2,300 Oyster bed maintenance 3,160 Wagon and salaries 5,805 Shipping 3,990 Utilities 1,110 Other 1,171 Total oxana 17.536 Prev 3 of 4 !!! Next > AVV Revue Expenses Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income 2,300 3,160 5,805 3,990 1, 110 1,171 17,536 $ 9,364 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 (l.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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