The actual results for August appear below: Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,800 pounds of oysters in August. The company's flexible budget for August appears below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,800 Revenue $27.000 Quilcene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds (9) 7.800 Revenue ($4.259) $ 33,150 3.290 Expenses: Packing supplies Oyster bed maintenance Wages and salaries 3.160 5.440 3.120 3,300 5.970 Expenses: Packing supplies ($0.400) Oyster bed maintenance ($3,300) Wages and salaries ($2,300 + $0.350 Shipping ($0.80) Utilities ($1,270) Other ($470 + $0.019) Shipping Utilities Other 5,030 1,080 1.168 6.240 Total expense 20.108 1.270 548 Net operating Income $ 6,892 19,508 Total expense Net operating Income $ 13,642 Required: Compute 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 (I.e., 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 Usilities Other Total expense Net operating income