Via Gelato is a popular neighborhood gelato shop. The company has provided the following cost formulas and actual results for them month of June: Revenue Fixed Element per Month Variable Element per Liter $ 16.00 Raw materials $ 5.05 Wages $ 6,000 $ 1.80 Utilities Rent $ 2,030 $ 3,000 $ 0.60 Insurance $ 1,750 Miscellaneous $ 690 Actual Total for June $ 90,540 $ 31,630 $ 16,900 $ 6,000 $ 3,000 0.75 $ 1,750 $ 5,200 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 $6,000 plus $1.80 per liter of gelato sold and the actual wages for June were $16,900. 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 Via Gelato Revenue and Spending Variances For the Month Ended June 30 Expenses Raw materials Wages Utilities Rent Insurance Miscellaneous Total expense Net operating income. None 0 None per Month Liter June Revenue $ 16.00 $ 90,540 Raw materials $ 5.05 $ 31,630 Wages $ 6,000 $ 1.80 $ 16,900 Utilities $ 2,030 $ 0.60 $ 6,000 Rent $ 3,000 $ 3,000 Insurance $ 1,750 $ 1,750 Miscellaneous $ 690 0.75 $ 5,200 While gelato is sold by the cone or cup, the shop measures its activity in terms of the total number of liters of ge wages should be $6,000 plus $1.80 per liter of gelato sold and the actual wages for June were $16,900. Via Ge 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 selectis "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) Revenue Via Gelato Revenue and Spending Variances For the Month Ended June 30 Expenses Raw materials Wages Utilities Rent Insurance Miscellaneous Total expense Net operating income 0 None 0 None