heducation.com MCL Curres 32 Ch 8-10.14) Help 2 149 Ou cene Oysterio farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,800 pounds of oysters in August. The company's fiexible budget for August appears below. Qullene Oyuterin Flexible Budget For the Month Unded August 31 Actual pounds 7,800 Revenge (54.209 Expenses Packing supplies (50.3097 2,340 Oyster bed saintenance (63.100) 3.100 Wages and salaries (12,200 + 10.3091 4,540 Shipping 110.64 5,070 utilities (61.240) 1.240 Other (5410 10.014) Total expen 16778 $15,362 Het operating con The actual results for August were as follows Qullen deri Incone For the intended a Actual pounde 7,800 Merve 123,00 La Packing supplies 2.510 Oyster bed when W and salaries 4.950 Shippie 4.800 1.050 Other Total operating the 33.932 Required Calculate the company's revenue and spending variances for August indicate the effect of each variance by desting for $ 4 % 5 & 7 2 3 6 8 9 W R T U o a S D F G H I X C V B N M 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 (ie, zero variance). Input all amounts as positive values.) Quilcone Oysteria Revenue and Spending Variances For the Month Ended August 31 Revenue Expenses Packing supplies Oyster bed maintenance Wages and salaries Shipping Utos Other Total Den Net operating income