Homework Ch. 9 0 ' Saved Via Gelato is a popular neighborhood gelato shop. The company has provided the following data concerning its operations: ' 2 ' I Eggnt Variable Actual points . per Element Total for . Month per Liter June Revenue $22.00 $130,540 Raw materials 35 5.65 $ 35,930 Wages $ 5500 $ 2.40 $ 21,000 eBook 2 630 Print Utilities $ ' $ 1.20 $ 10,500 References Rent 35 3'600 $ 3,500 insurance $ 2350 $ 2,350 Miscellaneous $ 750 $ 1.35 $ 8,590 k 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 $6,600 plus $2.40 per liter of gelato sold and the actual wages for June were $21,000. Via Gelato expected to sell 6,000 liters in June, but actually sold 6,200 liters. Required: Complete the report showing 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 il.e.. zero variance). Input all amounts as '5\".