Via Gelato is a popular neighborhood gelato shop. The company has provided the following cost formulas and actual results for the month of June: Via Gelato is a popular neighborhood gelato shop. The company has provided the following cost formulas and actual results for the month of June: 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 $\backslash (\backslash$$ $5,800\backslash )$ plus $\backslash (\backslash$$ $1,60\backslash )$ per liter of gelato sold and the actual wages for June were $\backslash (\backslash$$ $15,800\backslash ).$ Via Gelato expected to sell $6,200$ liters in June, but actually sold $6,400$ liters. Required: Calculate Via Gelato revenue and spending varionces 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.$)$ Via Gelato

Revenue and Spending Variances

For the Month Ended June $30$

Revenue

U

Expenses:

Raw Materials

U

Wages

F

Utilites

U

Rent

F

Insurance

F

Miscellaneous

U

Total expense

U

Net operating income

U