Exerclse $9-15($Algo$)$ Flexlble Budgets and Revenue and Spendling Varlances $[$LO$9-1,$ L$09\mathrm{.}3]$

Vla Gelato, a popular neighborhood gelato shop, 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 $$7,200$ plus $$3\mathrm{.}00$ per liter of gelato sold and the actual wages for June were $$26,300.$ Vla Gelato expected to sell

$6,200$ Iters in June but actually sold $6,400$ liters.

Required:

Calculate Vla Gelato's revenue and spending varlances for Indicate the effect of each varlance by selecting $"$F$"$ for favorable, $"$U$"$ for unfavorable, and "None" for no effect $($L$.$e$.,$ zero

varlance$).$ Input all amounts as positive values.