This window shows your responses and what was marked correct and incorrect from your previous attempt. Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,200 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) 7,200 Revenue ($4.10q) $29,520 Expenses: Packing supplies ($0.25q) 1,800 Oyster bed maintenance ($3,500) 3,500 Wages and salaries ($2,200 + $0.35q) 4,720 Shipping ($0.70q) 5,040 Utilities ($1,290) 1,290 Other ($410 + $0.01q) 482 Total expense 16,832 $12,688 Net operating income The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,200 Revenue $26,800 Expenses: Packing supplies 1,970 Oyster bed maintenance 3,360 Wages and salaries 5,130 Shipping 4,770 Utilities 1,100 Other 1,102 Total expense 17,432 Net operating income $ 9:358 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.) Revenue '69 0 C Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense 69 Net operating income 9- _