uilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,500 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) Revenue ($4.05q) Expenses: Packing supplies ($0.30q)) Oyster bed maintenance ($3,100) Wages and salaries ($2,300 + $0.25q) Shipping ($0.75g) Utilities ($1,230) Other ($500 +$0.010) Total expense Net operating income The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 7,500 $ 30,375 2,250 3,100 4,175 5,625 1,230 575 16,955 $ 13,420 Actual pounds Revenue Expenses: 7,500 $ 26,600 Packing supplies. Wages and salaries Shipping Utilities Other 2,420 Oyster bed maintenance- 2,960 4,585 5,355 1,040 1,195 Total expense 17,555 Net operating income $ 9,045. Check 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: 7,500 $ 26,600 2,420 2,960 4,585 5,355 1,040 1,195 17,555 $ 9,045 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.) Revenue Expenses: Quilcene Oysteria Revenue and Spending Variances For the Month Ended August 31 Packing supplies Oyster bed maintenance Wages and salaries Shipping