Qullcene Oyuterlo forms and sells oysters in the Pacific Northwest. The company harvested and told 7100 pounds of oysters in August The company's flexible budget for August appears below Outlone Oyster Vlexible that For the Month lnded on 31 Mtual pounda a 7.100 Tvenge (04.15 20,466 penses Backing appllon (00.350) 20 Dynter bedintenance (3,200) 3,200 Nages and salaris 102,400 50.3001 4.30 Shipping (50.754) 525 ulitis (01.290) 1,290 Other (6420 + 30.014) 492 Totale 1. Het operating in The actual results for August were as follows: Quone Oyster The state ant For the Month dd Mat 31 Natal poinde Tavome END Vaking supple Oyster bed maintenance Wananlar Shipping 7.100 327,200 2.455 3,060 40 3,0 1.100 111 OL Het operating con Requiredi rate the mantenint Helente the art of the warm wat Wages and was Shipping Utilities Other Total expense Het operating income 4,040 5,055 1.100 1111 12,021 0,270 Required: Calculate the company's revenue and spending varlances for August. (Indicate the effect of each variance by selecting "P" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero varlance). Input all amounts as positive values.) Quillane Oysteria Revenue and Spending Variances For the Month ndod Augusta Revenue Expenses Packing supplies Oyster bed maintenance Wages and salaries Shipping Us Other Total expenses Not operating income