uilcene 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 Flexible Budget For the Month Ended August 31 Actual pounds (q) . 8,000 Revenue ($4.00q) . 32,000 Expenses: Packing supplies ($0.50q) . 4,000 Oyster bed maintenance ($3,200) . 3,200 Wages and salaries ($2,900 + $0.30q) . 5,300 Shipping ($0.80q) . 6,400 Utilities ($830) . 830 Other ($450 + $0.05q) . 850 Total expense . 20,580 Net operating income . 11,420 The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds . 8000 Revenue .35,200 Expenses: Packing supplies . 4200 Oyster bed maintenance .3100 Wages and salaries .5640 Shipping .6950 Utilities .810 Other .980 Total expense .21,680 Net operating income .13,520 Required: Prepare a report showing the company's revenue and spending variances for August Please answer in this format: Quilcene Oysteria Revenue and Spending Variances For the Month Ended August 31 Flexible Actual Revenue and Spending Variance Budget Results Pounds . 8000 8000 Revenue ($???q) . Expenses: Packing supplies ($O.??q) . Oyster bed maintenance($????) . Wages and salaries ($???? +$O.??q) . Shipping ($O.??q) . Utilities ($???) . Other ($??? + $O.??q) . Tota I expense . Net operating income