Question

G W @ https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https6253A%252F%252Flms.mheducation.com%%252Fmghmiddleware%252Fmheproducts%252FlmsCloseWi. New Tab G Google a look at a awesomeda Fountain Mac. My Inbox Helper / MSN | Outlook, Offi_ b Suggested Sites Week 6: Homework Saved a 2 Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,400 pounds of oysters in August The company's flexible budget for August appears below 10 Quilcene Oysteria + points Flexible Budget the Month Ended August 31 Actual pounds (q) 7,400 8 02:44.13 Revenue ($4.25q) $ 31, 450 Expenses : Skipped Packing supplies ($0.25q) 1, 850 Oyster bed maintenance ($3,600) 3, 680 Wages and salaries ($2,400 + $0. 35q) 4,990 Shipping ($0.65q) 4,810 Utilities ($1, 240) 1, 240 Other ($470 + $0.01q) 544 eBook Total expense 17,034 Net operating income $ 14,416 Hint The actual results for August appear below O Quilcene Oysteris Income Statement Ask For the Month Ended August 31 Actual pounds 7,400 Revenue $ 26,900 Prim Expenses: Packing supplies 2,020 Oyster bed maintenance 3,460 wages and salaries 5,400 Shipping 4,540 References utilities 1,050 Other 1, 164 Total expense 17,634 Net operating income $ 9,266 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.) Quilcene Oysterla Revenue and Spending Variances For the Month Ended August 31 Revenue Expenses Grav