Revenue Raw materials Wages Utilities Rent Insurance Miscellaneous Fixed Element Variable Element per Month per Liter Actual Total for June $ 160,540 $38,430 $24,900 $14,200 $ 4,100 $ 27.00 $6.15 $7,100 $2.90 $3,130 $4,100 $1.70 $2,850 $800 $ 1.85 $ 2,850 $ 11,790 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 $7,100 plus $2.90 per liter of gelato sold and the actual wages for June were $24,900. Via Gelato expected to sell 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 favorable. "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) Revenue Expenses Via Gelato Revenue and Spending Variances For the Month Ended June 30 Raw materials Wages Uslities Rent Insurance Miscellaneous Total expense Net operating income F F F F Next > Check my work