Saved Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 8.000 pounds of oysters in August. The company's flexible budget for August appears below: Quilcene Oysteria For the Month Ended August 31 Flexible Budget Actual pounds (q) 8,000 $ 6 Revenue ($4.20q) 33,600 Expenses: Packing supplies ($0.35q) 2,800 Oyster bed maintenance ($3,400) 3,400 Wages and salaries ($2,300 + $0.25q) 4,300 Shipping ($0.70q) 5,600 Utilities ($1,230) 1,230 Other ($420 +$0.010) 500 Total expense 17,830 $ Net operating income 15,770 The actual results for August appear below. Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 8,000 $ Revenue 26,700 Expenses: Packing supplies 2,970 Oyster bed maintenance 3,260 Wages and salaries 4,710 Shipping 5,330 Utilities 1,040 Other 1,120 Total expense 18,430 Net operating income $ 8,270 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 (ie, zero variance). Input all amounts as positive values.) Quilcene 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