1 Mod. 6 Knowledge Check Question #3 0.5 points Itranscript In the Milano's Pizza example, let's say that the cost of pizza ingredients was as follows: $6,000 (actual), $6500 (flexible budget), and $7,000 (planning budget). What are the spending and Activity variances, respectively? $500 Fav and $500 Fav. $500 Unf and $500 Fav. $500 Fav and $500 Unf. $500 Unf and $500 Unf. OO Search or type URL 10 E Submit

s500 Finundsc00 Fin. 5soount and 5900Fm ssoo Fav and ssoo Unt. s500untands 000 unt