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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
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 Variable Element per Liter $ 32.88 $ 6.65 $ 3.48 $ 2.28 Actual Total for June 192,548 $ 41,938 $ 28,188 $ 17,5e8 S4,680 $3,358 $ 15,198 per Month Revenue Raw materials Wages Utilities Rent Insurance Miscellaneous $ 7,688 $ 3,630 4,600 $3,350 $ 858 $ 2.35 Whle 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 $7,600 plus $3.40 per liter of gelato sold and the actual wages for June were $28,100. Vla Gelato expected to sell 6,000 liters In June, but actually sold 6,200 liters. Requlrec Calculate Vla Gelato revenue and spending varlances for June. (Indicate the effect of each varlance by selecting "F" for favorable "U" for unfevorable, and "None" for no effect (l.e., zero varlance). Input all amounts as posltlve values.)
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