Via Gelato is a popular neighborhood gelato shop. The company has provided the following cost formulas and actual results for the month of June:

	Fixed Element per Month			Variable Element per Liter			Actual Total for June
Revenue				$	26.00		$	152,540
Raw materials				$	6.05		$	38,130
Wages	$	7,000		$	2.80		$	23,900
Utilities	$	3,030		$	1.60		$	13,100
Rent	$	4,000					$	4,000
Insurance	$	2,750					$	2,750
Miscellaneous	$	790		$	1.75		$	11,430

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 $7,000 plus $2.80 per liter of gelato sold and the actual wages for June were $23,900. 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.

Via Gelato
Revenue and Spending Variances
For the Month Ended June 30
Revenue
Expenses:
Raw materials
Wages
Utilities
Rent
Insurance
Miscellaneous
Total expense
Net operating income