uilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,600 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) 7,600 Revenue ($4.109) $ 31,160 Expenses: Packing supplies ($0.309) 2,280 Oyster bed maintenance ($3,300) 3,300 Wages and salaries ($2,200 + $0.509) 6,000 Shipping ($0.seq) 6,080 Utilities ($1,290) 1,290 other ($410 + $0.019) 486 19,436 $ 11,724 Total expense Net operating income The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities other Total expense Net operating income Required: 7,600 $ 26,700 2,450 3,160 6,410 5,810 1,100 1,106 20,036 $ 6,664 Calculate the company's revenue and spending variances for August. (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero varlance). 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 income