Milano Pizza is a small neighborhood pizzeria that has a small area for in-store dining as well as offering take-out and free home delivery services. The pizzerias owner has determined that the shop has two major cost driversthe number of pizzas sold and the number of deliveries made.

The pizzerias cost formulas appear below:

	Fixed Cost per Month	Cost per Pizza	Cost per Delivery
Pizza ingredients		$ 4.50
Kitchen staff	$ 5,930
Utilities	$ 620	$ 0.40
Delivery person			$ 3.20
Delivery vehicle	$ 640		$ 1.60
Equipment depreciation	$ 408
Rent	$ 1,890
Miscellaneous	$ 740	$ 0.20

In November, the pizzeria budgeted for 1,590 pizzas at an average selling price of $16 per pizza and for 230 deliveries.

Data concerning the pizzerias actual results in November were as follows:

	Actual Results
Pizzas	1,690
Deliveries	210
Revenue	$ 27,600
Pizza ingredients	$ 7,390
Kitchen staff	$ 5,870
Utilities	$ 890
Delivery person	$ 672
Delivery vehicle	$ 988
Equipment depreciation	$ 408
Rent	$ 1,890
Miscellaneous	$ 796

Required:

1. Complete the flexible budget performance report that shows both revenue and spending variances and activity variances for the pizzeria for November. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)