Quilcene oysteria farms and sells oysters in the pacific northwest. the company harvested and sold 7,600 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) 7,600 revenue ($4.10q) $ 31,160 expenses: packing supplies ($0.40q) 3,040 oyster bed maintenance ($3,000) 3,000 wages and salaries ($2,400 $0.45q) 5,820 shipping ($0.70q) 5,320 utilities ($1,250) 1,250 other ($410 $0.01q) 486 total expense 18,916 net operating income $ 12,244 the actual results for august appear below: quilcene oysteria income statement for the month ended august 31 actual pounds 7,600 revenue $ 27,400 expenses: packing supplies 3,210 oyster bed maintenance 2,860 wages and salaries 6,230 shipping 5,050 utilities 1,060 other 1,106 total expense 19,516 net operating income $ 7,884 required: calculate the company’s revenue and spending variances for august

Table 1. shows the expected demand for the dvd at different suggested donation levels, and they can act as a single-price monopolist if they choose to. thereceipts will be used to fund gstcg supplies for their data collection and conservation work. at the end of each sea turtle nesting season, any excess funds are donated by the gstcg to a local non-profit sea turtle research and rehabilitation facility. table 1 suggested anticipated total marginal profit donation per number of dvd revenue revenue dvd request requests $19.00 0 $15.00 2 $9.50 4 $7.75 10 $3.00 15 $0.00 20 a. complete table 1 by computing the total revenue, marginal revenue, and profit columns. b. the president wants the gstcg to provide videos to generate the most possible donations (total revenue). what price, if any, is the president of the gstcg favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. c. the education outreach committee wants the gstcg to provide videos to the highest possible number of people. what price, if any, is the educational outreach committee favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. d. the treasurer of the gstcg wants the dvd program to be as efficient as possible so that the marginal revenue equals marginal cost. what price, if any, is the treasurer favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. e. the fundraising committee wants the dvd program to generate as much profit in donations as possible. what price, if any, is the fundraising committee favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer.