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				$	4.60
Kitchen staff	$	6,170
Utilities	$	740		$	0.60
Delivery person							$	3.40
Delivery vehicle	$	760					$	1.60
Equipment depreciation	$	504
Rent	$	2,130
Miscellaneous	$	860		$	0.20

In November, the pizzeria budgeted for 1,950 pizzas at an average selling price of $20 per pizza and for 190 deliveries.

Data concerning the pizzerias actual results in November appear below:

	Actual Results
Pizzas		2,050
Deliveries		170
Revenue	$	41,680
Pizza ingredients	$	9,550
Kitchen staff	$	6,110
Utilities	$	950
Delivery person	$	578
Delivery vehicle	$	1,012
Equipment depreciation	$	504
Rent	$	2,130
Miscellaneous	$	868

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.)