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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

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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 pizzeria's owner has determined that the shop has two major cost drivers-the number of pizzas sold and the number of deliveries made.. The pizzeria's cost formules appear below: Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation ces Rent Miscellaneous Fixed Cost per Month Cost per Pizza $5.00 Cost per Delivery $6,250 $780 $ 1.00 $800 $ 2.80 $ 2.00 $536 $ 2,210 $900 $0.10 In November, the pizzeria budgeted for 2.070 pizzas at an average selling price of $16 per pizza and for 230 deliveries. Data concerning the pizzeria's actual results in November appear below: Pizzas Deliveries Actual Results 2,170 210 Revenue $ 35,440 Pizza ingredients $ 10,270 Kitchen staff $ 6,190 Utilities Delivery person Delivery vehicle. Equipment depreciation Rent Miscellaneous Required: $.970 $588 $1,020 $ 536 $2,210 $892 1. Compute the revenue and spending 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.) Milano Pizza Revenue and Spending Variances For the Month Ended November 30 Pizzas Delivenes Revenue Actual Results Revenue and Spending Variances Flexible Budget 2,170 210 $ 35,440) Expenses Pizza ingredients i 10,270 Kitchen staff 6,190 Utlibes 970 Delivery person 588

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