Via gelato is a popular neighborhood gelato shop. the company has provided the following data concerning its operations: fixed element per month variable element per liter actual total for june revenue $ 17.00 $ 99,540 raw materials $ 5.15 $ 32,730 wages $ 6,100 $ 1.90 $ 17,900 utilities $ 2,130 $ 0.70 $ 7,000 rent $ 3,100 $ 3,100 insurance $ 1,850 $ 1,850 miscellaneous $ 700 $ 0.85 $ 5,800 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 $6,100 plus $1.90 per liter of gelato sold and the actual wages for june were $17,900. via gelato expected to sell 6,100 liters in june, but actually sold 6,300 liters. required: complete the report showing via gelato revenue and spending variances for june. (input all amounts as positive values. indicate the effect of each variance by selecting "f" for favorable, "u" for unfavorable, and "none" for no effect (i. e., zero

P8-4b dropping unfavorable division based on the following analysis of last year's operations of groves, inc., a financial vice president of the company believes that the firm's total net income could be increased by $160,000 if its design division were discontinued. (amounts are given in the thousands of dollars.) required provide answers for each of the following independent situations: a. assuming that total fixed costs and expenses would not be affected by discontinuing the design division, prepare an analysis showing why you agree or disagree with the vice president. b. assume that the discontinuance of the design division will enable the company to avoid 30% of the fixed portion of cost of services and 40% of the fixed operating expenses allocated to the design division. calculate the resulting effect on net income. c. assume that in addition to the cost avoidance in requirement (b), the capacity released by discontinuance of the design division can be used to provide 6,000 new services that would have a variable cost per service of $60 and would require additional fixed costs totaling $68,000. at what unit price must the new service be sold if groves is to increase its total net income by $180,000?