Via Gelato, a popular neighborhood gelato shop, provided the following cost formulas and actual results for the month of June: Fixed Element Variable Element per Liter Actual Total for per Month Revenue $ 19.00 June $111,530 Raw materials $ 5.35 $ 33,830 Wages $ 6,300 $ 2.10 $ 18,900 Utilities $ 2,330 $ 0.90 $ 8,100 Rent $ 3,300 Insurance $2,050 $ 3,300 $2,050 Miscellaneous $ 720 1.05 $ 6,900 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 $6,300 plus $2.10 per liter of gelato sold and the actual wages for June were $18,900. Via Gelato expected to sell 6,000 liters in June but actually sold 6,200 liters. Required: Calculate Via Gelato's revenue and spending variances for June. Note: 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 Utilities Rent Insurance Miscellaneous Total expenses Net operating income