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Via Gelato, a popular neighborhood gelato shop, provided the following cost formulas and actual results...

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Accounting

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Via Gelato, a popular neighborhood gelato shop, provided the following cost formulas and actual results for the month of June: While geloto is sold by the cone or cup, the shop measures its activity in terms of the total number of liters of gelato sold. For exomple wages should be $7,400 plus $3.20 per liter of gelato sold and the octual wages for June were $28,400. Via Gelato expected to sell 6,400 liters in June but actually sold 6,600 liters. Required: Calculate Vio Gelato's revenue and spending variances for June. Note: Indicate the effect of each variance by selecting "F" for fovorable, "U" for unfovorable, and "None" for no effect (i.e., zero varience). Input all amounts os positive values. 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 (i.e., zero veriance). Input all amounts as positive values

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