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 getato sold. For example. wages should be $6,700 plus $2.50 per liter of gelato sold and the actual wages for June were $21,800. Via Gelato expected to sell 6,100 liters in June, but actually sold 6,300 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.) Frank Weston, supervisor of the Freemont Corporation's Machining Department, was visibly upset after being reprimanded for his department's poor performance over the prior month. The department's cost control report is glven below: 7just cant understand all of these unfavorable variances," Weston complained to the supervisor of another department. "When the boss called me in, I thought he was going to give me a pot on the back because I know for a foct that my department worked more efficiently last month than it has ever worked before Instead, he tore me apart. I thought for a minute that it might be over the suppilies that were stolen out of our warehouse last month. But they only amounted to a couple of hundred dollars, and just look at this report. Everything is unfavorable. Direct labor wages and supplies are variable costs; supervision and depreciation are fixed costs: and maintenance and utilities are mixed costs. The foed component of the budgeted maintenance cost is $14,500; the fixed component of the budgeted utilities cost is $13,400 Required: 2. Complete the performance report that will help Mr. Weston's superiors assess how well costs were controlled in the machining department (Round your intermediate calculations to 2 decimal places. 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.) Required: 2. Complete the performance report that will help Mr. Weston's superiors assess how well costs were controlled in the machining department. (Round your intermediate calculations to 2 decimal places. 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.)