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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.
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 $ plus $ per liter of gelato sold and the actual wages for June were $ Via Gelato expected to sell
liters in June but actually sold liters.
Required:
Calculate Via Gelato's revenue and spending variances for June.
Note: Indicate the effect of each variance by selecting F for favorable, U for unfavorable, and "None" for no effect ie zero
variance Input all amounts as positive values.
Answer is not complete.
Via Gelato
Revenue and Spending Variances
For the Month Ended June
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