Exercise 9-15 (Algo) Flexible Budgets and Revenue and Spending Variances [LO9-1, LO9-3] Via Gelato is a popular neighborhood gelato shop. The company has provided the following cost formulas and actual results for the month of June: While gelato is sold by the cone or cup, the shop measures its actlvity in terms of the total number of iters of gelato sold. For examplo, wages should be $6,200 plus $2.00 per liter of gelato sold and the actual wages for June were $18,900 Via Geloto expected to sell 6,200 liters in June, but actually sold 6.400 liturs Required: Calculate Via Gelato revenue and spending variances for June. (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.) While gelato is sold by the cone or cup, the shop measures its activity in terms of the total number of liters of gelato sold. For example, wages should be $6,200 plas $200 per liter of gelato sold and the octuat wages for func wrere $18,900 via Gelato expected to selt 6,200 iters in June, but actually sold 6,400 liters Required: Calculate Via Gelato revenue and spending variances for June. (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.)