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 month of June: Fixed Element per Month Revenue Raw materials Wages Utilities Rent Insurance Miscellaneous Variable Element per liter $ 15.00 $ 4.95 $ 1.70 $0.50 $ 5,900 $ 1,930 $ 2,900 $ 1,650 $ 680 Actual Total for June $ 84,540 $ 31,530 $ 15,900 $ 5,500 $ 2,900 $ 1,650 $ 4,150 $0.65 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 wages should be $5.900 plus $170 per liter of gelato sold and the actual wages for June were $15,900. Via Gelato expected 6.000 liters in June, but actually sold 6,200 liters. Required: Calculate Via Gelato revenue and spending variances for June (Indicate the effect of each variance by selecting "F" for fave "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)