Via Gelato is a popular neighborhood gelato shop. The company has provided the following cost formulas and actual results for the month of June: Raw materials Wages Utilities Rent Insurance Miscellaneous Fixed Element Variable Element Actual Total per Month per Liter for June $14.00 $ 83,540 $ 4.85 $31.430 $5,800 5 1.60 $ 15,800 $ 1.830 S0.40 $ 4.500 $ 2,800 $ 2,800 $ 1.550 5 1,550 $ 0.55 $ 4.050 $ 670 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 $5,800 plus $160 per liter of gelato sold and the actual wages for June were $15,800. Via Gelato expected to sell 6,200 liters in June, but actually sold 6,400 liters. Via Gelato Revenue and Spending Variances For the Month Ended June 30 Raw materials Wages Rent Insurance Miscellaneous Total expense Net Operating income