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	$	5,950
Utilities	$	630		$	0.50
Delivery person							$	3.30
Delivery vehicle	$	650					$	1.70
Equipment depreciation	$	416
Rent	$	1,910
Miscellaneous	$	750		$	0.25

In November, the pizzeria budgeted for 1,620 pizzas at an average selling price of $17 per pizza and for 240 deliveries.

Data concerning the pizzerias actual results in November appear below:

	Actual Results
Pizzas		1,720
Deliveries		220
Revenue	$	29,810
Pizza ingredients	$	7,570
Kitchen staff	$	5,890
Utilities	$	895
Delivery person	$	726
Delivery vehicle	$	990
Equipment depreciation	$	416
Rent	$	1,910
Miscellaneous	$	802

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.)