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Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,900 pounds of oysters inThe actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,Required: Calculate the companys revenue and spending variances for August. (Indicate the effect of each variance by selecti

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Quilcene Oysteria
Revenues and Spending Variance
For the Month ended August 31
Revenue $ 6,180.00 U
Expenses:
Packing supplies $ 170.00 U
Oyster Bed Maintenance $ 140.00 F
Wages and Salaries $ 410.00 U
Shipping $ 270.00 F
Utilities $ 190.00 F
Other $ 620.00 U
Total Expenses $ 600.00 U
Net Operating Income $ 6,780.00 U
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