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Fixed Variable Actual Element Element Total for per Month per Liter June Revenue $ 28.00 $ 171,540 Raw materials $ 6.25 $ 40,530 Wages $ 7,200 $ 3.00 $ 26,300 Utilities $ 3,230 $ 1.80 $ 15,000 Rent $ 4,200 $ 4,200 Insurance $ 2,950 $ 2,950 Miscellaneous $ 810 $ 1.95 $ 12,890 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 $7.200 plus $3.00 per liter of gelato sold and the actual wages for June were $26,300, Via Gelato expected to sell 6,200 liters in June, but actually sold 6.400 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 (1.e., zero variance). Input all amounts as positive values.) Via Gelato Revenue and Spending Variances For the Month Ended June 30 Revenue Expenses Raw materials Wages Ulities Rent Insurance Miscellaneous Total expense Net operating income