uilcene 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 Flexible Budget For the Month Ended August 31 Actual pounds (9) Revenue ($4.15g) Expenses: Packing supplies ($0.40q) Oyster bed maintenance ($3,600) Wages and salaries ($2,500 +$0.50g) Shipping ($0.75g) Utilities ($1,230) Other ($420 +$0.01g) Total expense Net operating income The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 7,800 $ 32,370 3,120 3,600 6,400 5,850 1,230 498 20,698 $ 11,672 Actual pounds 7,800 Revenue. $ 26,600 Packing supplies 3,290 Oyster bed maintenance 3,460 Wages and salaries 6,810 5,580 1,040 1,118 21,298 $5,302 Shipping Utilities Other Total expense Net operating income 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 (i.e., zero variance). Input all amounts as positive values.)