Quilcene Oysteria farms and selis oysters in the Pacific Northwest. The company harvested and sold 7,700 pounds of oysters in August. The company's fexible budget for August appears below: The actual results for August were as follows: Required: Calculate the company's revenue and spending variances for August. (Indicote 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.)
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