Business, 10.08.2021 01:10 amselah735

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 Actual Total
per Month per Liter for June
Revenue $ 32.00 $ 192,540
Raw materials $ 6.65 $ 41,930
Wages $ 7,600 $ 3.40 $ 28,100
Utilities $ 3,630 $ 2.20 $ 17,500
Rent $ 4,600 $ 4,600
Insurance $ 3,350 $ 3,350
Miscellaneous $ 850 $ 2.35 $ 15,190
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 $7,600 plus $3.40 per liter of gelato sold and the actual wages for June were $28,100. Via Gelato expected to sell 6,000 liters in June, but actually sold 6,200 liters.
Required:
Complete the report showing Via Gelato revenue and spending variances for June.

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Via Gelato is a popular neighborhood gelato shop. The company has provided the following cost formul...

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